Axtec companypurchased equipment on april 12004 for140000

Reference no: EM13578891

Axtec companypurchased equipment on April 1,2004 for$140,000. The residual value is $20000 and the estimated life is 6 years or 55000 hours. Compute deprecation expanse for the year ending December 31, 2004, if Azlec company uses the straight-line method of deprecation

Reference no: EM13578891

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