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Windsor Company purchased machinery on January 1, 2020, for $86,400. The machinery is estimated to have a salvage value of $8,640 after a useful life

Windsor Company purchased machinery on January 1, 2020, for $86,400. The machinery is estimated to have a salvage value of $8,640 after a useful life of 8 years.

Compute 2020 depreciation expense using the sum-of-the-years'-digits method, assuming the machinery was purchased on April 1, 2020

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