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Business, 06.11.2019 06:31 01moxberger

Pacifica manufacturing retired a computerized metal stamping machine on december 31, 2019. pacifica sold the machine to another company and did not replace it. the following data are available for the machine: cost (installed), 1/1/2014 $880,000 residual value estimated on 1/1/2014 60,000 estimated life as of 1/1/2014 10 years the machine was sold for $225,000 cash. pacifica uses the straight-line method of depreciation.

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Pacifica manufacturing retired a computerized metal stamping machine on december 31, 2019. pacifica...

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