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What should be the charge for depreciation

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Question - On January 1, 2014, Marigold Corp. purchased equipment at a cost of $378000. The equipment was estimated to have a salvage value of $9000 and it is being depreciated over eight years under the sum-of-the-years'-digits method. What should be the charge for depreciation of this equipment for the year ended December 31, 2021?

Reference no: EM132935781

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