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Calculate depreciation for each year of the sound equipment

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Question 1: On January 2,2020,crossfire acquired sound equipment for concert performance at cost of 55,900. The rock band estimated that it would use this equipment for four years and then sell the equipment for $1, 1900. Calculate depreciation for each year of the sound equipment's estimated life using the straight line method. Crossfire years and is December 31.

Reference no: EM132563890

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