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Use the following December 31, 2022 information to answer the next 3 questions: Cost Useful life Salvage value Purchase date Depreciation Method O $10,800 $10,125
Use the following December 31, 2022 information to answer the next 3 questions: Cost Useful life Salvage value Purchase date Depreciation Method O $10,800 $10,125 O $9,900 O $8,100 Machine A O $2,700 $20,000 7 years $ 1,100 5/1/19 Straight-line Machine B $13,500 50,000 units $2,500 7/1/22 4 Units of Production Machine C $10,800 What is the amount of accumulated depreciation for Machine A, on the December 31, 2022 balance sheet? 5 years $ 2,500 1/1/20 Double-declining balance
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