On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine with an estimated useful...
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Accounting
On January 1, 20X1, Apogee Corp. purchases for $101,700 a machine with an estimated useful life of 3 years and a residual value of $4,500. Apogee uses straight-line depreciation. Complete the table below in Excel.
Year-beginning | Depreciation | Accumulated | Year-end | |
Year | book value | expense | depreciation | book value |
20X1 | ||||
20X2 | ||||
20X3 |
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