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Physics, 02.02.2021 14:00 ahicks2004

a company purchased an equipment system for $325000 on january 2. the company expects the equipment to last for eight years or 60000 hours of operation, with an estimated salvage value of $25000. during the first year, the equipment was in operation for 8000 hours, while in the second year, the equipment was in operation for 8600 hours. compute depreciation expense relating to the equipment for year 1 and year 2 using straight line method.

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