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On January 3, 2019, Marigold Corp. purchased machinery. The machinery has an estimated useful life of eight years and an
Posted: Fri Jul 01, 2022 8:41 am
by answerhappygod
- On January 3 2019 Marigold Corp Purchased Machinery The Machinery Has An Estimated Useful Life Of Eight Years And An 1 (82.99 KiB) Viewed 33 times
On January 3, 2019, Marigold Corp. purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $118000. The depreciation applicable to this machinery was $266000 for 2021 computed by the sum-of-the-years'- digits method. The acquisition cost of the machinery was O $1596000. O $1980000. O $1714000. O $1416000.