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What depreciation expense on the syd basis at the end is

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Problem 1: On January 1, 2005, MB purchased a machine that had a list price of P46,320. MB paid cash of P18,000 and executed a one-year noninterest-bearing note for the balance. The going rate of interest was 18 percent. The machine has a 6-year life and no residual value. Depreciation expense on the SYD basis at the end of 2005 is

Reference no: EM132819404

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