Business, 06.11.2020 06:40 michelle230
Pharoah purchased a piece of equipment that cost $194,310 on January 1, 2020. The equipment has the following components.
Component Cost Residual Value Estimated Useful Life
A $65,700 $6,550 10 years
B 52,160 5,210 5 years
C 76,450 3,970 12 years
Compute the depreciation expense for this equipment at December 31, 2020.
Answers: 2
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Pharoah purchased a piece of equipment that cost $194,310 on January 1, 2020. The equipment has the...
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