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Prepare the table showing the yearly depreciation

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Reference no: EM133134005

Question - On January 1, 2016, Rite-Path Consulting purchased new computers for $20,000. The computers are expected to last 3 years and will have an estimated residual value of $700. Rite-Path Consulting has a December 31 year end.

Required - Prepare the table showing the yearly depreciation, accumulated depreciation, and net book value of the equipment.

Reference no: EM133134005

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