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How much is recorded in the balance sheet for machinery

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Question - The Dax Corporation on January 1, 2010 has machinery on the books that cost $200,000. During the year, the firm made expenditures of $11,000 for minor repairs, and $58,000 for additions and improvements. Annual depreciation expense is $40,000. How much is recorded in the balance sheet for machinery on December 31, 2010?

Reference no: EM133095525

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