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Prepare a straight-line depreciation schedule

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Reference no: EM131628065

Question: Prepare a straight-line depreciation schedule for the first four years of depreciation of a forklift that costs $9,450, is expected to be used for 12 years, and is projected to be scrapped for $500.

2. Make a straight-line depreciation schedule for an asset that costs $7,500 and has a scrap value of $1,200. The useful life of the asset is eight years.

Reference no: EM131628065

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