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White Christmas Co. purchased a piece of factory equipment on APRIL 1, 2021, for $72,000....

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Accounting

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White Christmas Co. purchased a piece of factory equipment on APRIL 1, 2021, for $72,000. It is estimated that the factory equipment will have $9,000 salvage value at the end of its 10-year useful life. Calculate the depreciation to be recorded as depreciation expense at December 31, 2021. (use straight line depreciation)

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