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Mertinez corporation purchased machinery on January 1 2022 at a cost of $268000. the estimated useful life of the machinery is 4years with an estimated salavage value at the end of that period of $31800. the company considering different depreciation method |
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Answer» Explanation: = cost of ASSET - scrap/life of MACHINE = 268000-31800/4 = 59,050 depreciation VALUE is 59,050 |
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