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What the depreciation expense using the straight line method

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Question 1: In January 1, 2018, Anvil Corp. purchased equipment for $60,000. It was expected to last 5years, after which it will be sold for $5,000. It is expected to be used for a total of 10,000machine hours, and was used for 750 hours until the year end December 31, 2018. The depreciation expense for 2018 using the straight line method will be

Reference no: EM132498426

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What the depreciation expense using the straight line method : In January 1, 2018, Anvil Corp. purchased equipment for $60,000.What The depreciation expense for 2018 using the straight line method will be?
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