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Prepare record depreciation of the machine at december

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Onslow co. Purchased a used machine for 192,000 cash on January 3, Onslow paid 8,000 to wire electricity to the machine and an additional 1,600 to secure it in place. The machine will be used for six years and have a 23,040-salvage value. Straight-line depreciation is used on December 31. At the end if it's fifth year in operation, it is disposed of.

Question 1: Record depreciation of the machine at December 31st

Reference no: EM132463768

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