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year ended oopy machine for $39,200.Pts Print Shop expects the machine to lest for four yoars and to have a residual value of $2.000. Compute depreciation experse on the machine for On Jdy 31, 2017, Petas Print Shop purchased a and calculate the depreciation expensn (Abbreviation used : Aoa accumulated he formula to calouiate the companys depreciation expense on the machine for the year ended December 31, 2017. Then enter the amounts De not round intarmediary caloulations Only round tre amount you irput for straigh lie depreciation to the mearest dollar) Straight-ine 112) 12)-
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Date on which the machine was purchased Year for which depreciation has to be computed Number of months between July 31, 2017 and December 31,2017 5 months August, September, October, November, December) During the year ended on December 31,2017, the machine has been used for only 5 months. So, depreciation is also to be computed for 5 months July 31, 2017 for the year ended on December 31, 2017 IC Cost-Residual ValueUseful LifexCurreyear usage12)Straight-line depreciation 39,200$2,000 12) S3,875

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