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Victory Tool shop has purchased a set of $860 diamond blades for their special marble-cutting saw. The blades can make approximately 120 cuts before they
Victory Tool shop has purchased a set of $860 diamond blades for their special marble-cutting saw. The blades can make approximately 120 cuts before they need to be replaced, at which point their salvage value is $80. Calculate the unit depreciation for 1 cut using the units-of-production method. Calculate the accumulated depreciation after 72 cuts.
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