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wrote...
Posts: 4891
3 years ago
On January 1, 2017, Anodel, Inc. acquired a machine for $1,010,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $62,000. Calculate the depreciation expense per year using the straight-line method.
A) $251,600
B) $252,500
C) $202,000
D) $189,600
Textbook 

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Posts: 2547
3 years ago
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patrice91

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wrote...
2 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
wrote...
2 years ago
Good luck answering the rest, I noticed many others left
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