A calculate 2012 depreciation expense using

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Lockard Company purchased machinery on January 1, 2012, for $151,840. The machinery is estimated to have a salvage value of $15,184 after a useful life of 8 years.

(a) Compute 2012 depreciation expense using the straightline method. (b) Compute 2012 depreciation expense using the straightline method assuming the machinery was purchased on September 1, 2012.

(a) Depreciation expense

(b) Depreciation expense

Reference no: EM13388544

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