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Wildhorse Company manufactures routers used in industrial modems On May 15, 2017, Wildhorse purchased a precision welding machine at a retail price of $112,800 Wildhorse

Wildhorse Company manufactures routers used in industrial modems On May 15, 2017, Wildhorse purchased a precision welding machine at a retail price of $112,800 Wildhorse paid 5 sales tax on this purchase and hired a contractor to build a clean platform enclosure for the machine for $8,550 Wildhorse estimates the machine will have a 5year useful life, with a salvage value of $9,400 at the end of 5 years Wildhorse uses straightline depreciation and employs the halfyear convention in ac

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