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Find the depreciation expense recognized on this machinery

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Question

On April 30, 2017, Tilton Products purchased machinery for $44,000. The useful life of this machinery is estimated at 8 years, with an $4,000 residual value.

Assume that in its financial statements, Tilton Products uses straight-line depreciation and the half-year convention.

Depreciation expense recognized on this machinery in 2017 and 2018 will be:

Reference no: EM132327090

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