Estimate the total value of depreciation recorded

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The City of Houghton bought new municipal sewage equipment in the year 2010. The equipment cost 173,979 dollars and the city spent an additional 17,409 dollars for installation. The sewage equipment was put into service on June 1st, 2010 and the city removed the equipment from service on September 12, 2022. Using the US Straight Line Depreciation Schedule, estimate the total value of depreciation recorded in the accounting books for the years 2010 through 2022 (i.e. calculate the sum of depreciation in each year for years 2010 through 2022). (note: round your answer to two decimal places; do not include spaces, dollar signs, or commas; do not round the recovery factors from the depreciation tables)

Reference no: EM133083736

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