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Copy equipment acquired at the beginning of the year at a cost of $100,000 that...

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Accounting

Copy equipment acquired at the beginning of the year at a cost of $100,000 that has an

estimated residual value of $10,000 and an estimated useful life of 5 years. It estimated

that the machine has an estimated 5,000,000 copies. This year 800,000 copies made.

Determine the (8) depreciable cost, (9) depreciation rate, and (10) the units-of-production

depreciation for the year. (Shows computations are required)

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