What should be the third year depreciation expense

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Question - CAT Co. uses sum of years' digits method. It acquired a machine for $60,000 on January 1, 2011, and estimated that the useful life is 4 years with a salvage value of $500. What should be the third year's depreciation expense?

Reference no: EM133085775

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What should be the third year depreciation expense : CAT Co. uses sum of years' digits method. It acquired a machine for $60,000 on January 1, 2011, What should be the third year depreciation expense
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