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Compute depreciation expense for the year ending december

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Question - Deland Company purchased equipment on March 1, 2011, for $130,000. The residual value is estimated at $40,000 and the estimated useful life is 10 years or 60,000 hours. Compute depreciation expense for the year ending December 31, 2011, if the company uses the straight-line method of depreciation.

Reference no: EM133154045

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