On January 1, 2009 Barger Company purchased new equipment for use in the business. This...
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Accounting
On January 1, 2009 Barger Company purchased new equipment for use in the business. This equipment cost a total of $150,000. Had an estimated salvage value of $15,000 and an estimated useful of 5 years or 30,000 hours. Actual usage of the equipment was 8,000 hours in 2009, 7,000 hours in 2010, 6000 hours in 2011; 5000 hours in 2012; 4,000 hours in 2013
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