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  3. sandblasting equipment acquired at a cost of 99000 has an...

Question: sandblasting equipment acquired at a cost of 99000 has an...

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Sandblasting equipment acquired at a cost of $99,000 has an estimated residual value of $6,000 and an estimated useful life of 10 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31, 20Y5. a. Determine the depreciation for 20Y5 and for 20Y6 by the straight-line method. Round your answer to the nearest cent if rounding is required.

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