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New lithographic equipment, acquired at a cost of $950,400 on Manch 1 of Year 1...

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Accounting

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New lithographic equipment, acquired at a cost of $950,400 on Manch 1 of Year 1 (beginning of the fiscal yearj, has an estimated useful ife of Sve years and an estimated residual value of $106.920. The manager requested information reganding the eflect of altemative methods on the amount of deprecition expense each year On March 4 Year 5, the equipment was sold for $154 682 Required Determine andthe bootvak Rlound your answers to the nearest whole dor Journalre the entry to secord lhe sale assuming hat manager dose he dobledninigoalance method. , annual depre expense each ofthe estimated five years of use, themulated deprecaen at the end of each year, ofthe e mathe end of each year by (a) ne straight nemtosi and)the doubledeckingbalance method 2. Accounts for exact wonding of account b

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