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What is the appropriate amount of depreciation

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Reference no: EM132161362

Question - The Grant - Horace Company purchased a new machine on April 1, 2013, for $48,000. The machine is expected to have a life of five years and a residual value of $3,000. The company's fiscal year ends December 31.

What is the appropriate amount of depreciation of 2013 and 2014 applying each of the following methods: Straight-Line Method SYD DDB.

Reference no: EM132161362

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