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Wildhorse Productions Corp purchased ice fishing huts on December 1 , 2 0 2 3 , for a total of $ 1 2 2 ,
Wildhorse Productions Corp purchased ice fishing huts on December for a total of $ in cash. At that time, these huts were estimated to have a useful life of years and a residual value of $ The huts were disposed of on July Wildhorse uses doublediminishingbalance method at two times the straightline depreciation raye, has a March year end, and makes adjusting entries anually.
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