Binger2598 Binger2598

29-11-2022
Business

contestada

edgewater inc. purchased equipment on january 1 of year 1 for $72,000. the equipment has an estimated salvage value of $6,000 and an estimated useful life of 8 years. the company depreciates the asset using the straight-line method. on may 30 of year 3, edgewater inc. sold the equipment for $44,000.

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