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Calculate depreciation expense for the final year of service

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Reference no: EM132321973

Question

On June 1, Aaron company purchases equipment at a cost of 120,000 that has a depreciable cost of $90,000 and an estimate useful life of 3 years and, 30,000 hours, which ends on December 31.

Using straight-line depreciation, calculate depreciation expense for the final (partial) year of service.

Reference no: EM132321973

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