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What the Sheridan should record depreciation expense

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Question - Sheridan Company purchased a machine on July 1, 2020, for $1080000. The machine has an estimated useful life of five years and a salvage value of $194000. The machine is being depreciated from the date of acquisition by the 150% declining-balance method. For the year ended December 31, 2020, what the Sheridan should record depreciation expense on this machine?

Reference no: EM132905094

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