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5. On March 1, 20X1, Efay Co. purchases for $600,000 a machine that Efay estimates...

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Accounting

5. On March 1, 20X1, Efay Co. purchases for $600,000 a machine that Efay estimates has a useful life of 5 years and a residual value of $15,000. Efay uses SYD depreciation. Complete the table below.

Year-beginningDepreciationAccumulatedYear-endYearbook valueexpensedepreciationbook value 20X1 20X2 20X3 20X4 20X5 20X6

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