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Find what depreciation expense on syd basis at end of is

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Reference no: EM132769286

Problem 1: On January 1, 20x1 Buckle Co. purchased a machine that had a list price of P46,320. Buckle Co. paid cash of F18,000 and executed a one-year non-interest-bearing note for the balance. The going rate of interest was 18%. The machine has a 6-year life and no residual value. Depreciation expense on the SYD basis at the end of 20x1 is:

a. 8,092

b. 12,000

C. 13,234

d. 14,690

Reference no: EM132769286

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