In early january 2009 sanchez builders purchase equipment

Reference no: EM13600798

In early January 2009, Sanchez Builders purchase equipment for $102,000 to use in operating activities for the next five years. It estimates the equipment's salvage value at $21,000. Prepare a table showing depreciation and book value for each of the five years assuming straight-line depreciation.

Reference no: EM13600798

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