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To Lear WileyPLUS Exercise 22 8, for $588,500. At that time, it was estimated that the machine would have a 10-year life and no salvage
To Lear WileyPLUS Exercise 22 8, for $588,500. At that time, it was estimated that the machine would have a 10-year life and no salvage value. On December 31, 2021, the firm's accountant found accountant that the company plans to switch to straight-line depreciation, starting with the year 2021. At present, the company uses the sum-of-the-years-digits meth de at December 31, 2021, to record these events. (Ignore tax effects.) (Credit account titles are automatically indented when amount is entered. Do not ind mounts.) Debit Credit expense in 2019.) Question Attem
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