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On April 1, 2014, Kew Co. purchased new machinery for $300,000. The machinery has an estimated useful life of five years, and depreciation is computed by the sum-of-the-years'-digits method. The accumulated depreciation on this machinery at March 31, 2016 should be:
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On April 1, 2014, Kew Co. purchased new machinery for $300,000. The machinery has an estimated usefu...
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