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On September 30, 2021, Bricker Enterprises purchased a machine for $208,000. The estimated service life is 10 years with a $26,000 residual value. Bricker records
On September 30, 2021, Bricker Enterprises purchased a machine for $208,000. The estimated service life is 10 years with a $26,000 residual value. Bricker records partial-year depreciation based on the number of months in service. Depreciation (to the nearest dollar) for 2021, using sum-of-the-years'- digits method, would be: (Do not round intermediate calculations.) Multiple Choice $34,509. $8,273 $31,058. $9,455
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