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Swanson amp hiller inc purchased a new machine on september

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Swanson & Hiller, Inc., purchased a new machine on September 1, 2008, at a cost of $118,000. The machine's estimated useful life at the time of the purchase was five years, and its residual value was $6,000.Prepare a complete depreciation schedule, beginning with calendar year 2008, using the straight-line method.

Reference no: EM13574090

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