The Merrick Company bought store equipment on July 3rd of the current year at a cost of $4,800. The store equipment has an estimated useful life of six (6) years and an estimated disposal value of $600.
The first year annual depreciation expense if you used the straight line method of the machine should be
$ 700
$ 800
$ 350
$ 400
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The Merrick Company bought store equipment on July 3rd of the current year at a cost of $4,800. The...
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