Annual depreciation expense=(Cost-Salvage value)/Useful Life
=(118,000-12,000)/5=$21200
Hence depreciation expense for 2019=21200*(3/12)(Period from October 1,2019-December 31,2019)
=$5300.
Question 4 Skysong, Inc. purchased a new machine on October 1, 2019, at a cost of...
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