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How much depreciation expense should company a record

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Question - Company A purchased a new piece of equipment on September 1, 2020 at a cost of $740,000. The equipment has an estimated useful life of 8 years and an estimated salvage value of $20,000. Company A uses sum of the-years' digits depreciation method, How much depreciation expense should Company A record in 2021?

Reference no: EM133146995

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