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  3. abc company purchased the following assets in 2021

ABC company purchased the following assets in 2021. Calculate depreciation for years one and two,...

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Accounting

  1. ABC company purchased the following assets in 2021. Calculate depreciation for years one and two, assuming no section 179 or bonus depreciation.

    1. Equipment, 3/1- $20,000

    2. Computer, 7/1 - $40,000

    3. Equipment, 10/1 - $50,000

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