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On April 1, 2019. Coronado Industries purchased new machinery for $453000. The machinery has an estimated useful life of five
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Answer #1

Depreciation as per sum of year digit method for year 1:-

=SYD(cost,salvage,life,period)

=SYD(453000,0,5,1)

=151000

Depreciation as per sum of year digit method for year 2:-

=SYD(453000,,5,2)

=120800

Accumulated =151000+1208000 =271800

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