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Business, 21.11.2019 03:31 gbrightwell

Apex fitness club uses straight-line depreciation for a machine costing s23,860, with an estimated fouryear life and a $2,400 salvage value. at the beginning of the third year, apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $2,000 salvage value. compute: (1) the machine's book value at the end of its second year and (2) the amount of depreciation for each of the final three years given the revised estimates.

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Apex fitness club uses straight-line depreciation for a machine costing s23,860, with an estimated f...
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