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Lockard Company purchased machinery on January 1,...

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Lockard Company purchased machinery on January 1, 2010 for 80,000. The machinery is estimated to have a salvage value of $8,000 after a useful life of 8 years. A) Compute 2010 depreciation expense using the straight-line method. B) Compute 2010 depreciation using method assuming the machinery was purchased on September 1,2010.,Thanks !

 

Paper#7906 | Written in 18-Jul-2015

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