MacGyver Company bought equipment on January 3, 2019, for $35,100. At the time of purchase,...
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MacGyver Company bought equipment on January 3, 2019, for $35,100. At the time of purchase, the equipment was estimated to have a useful life of 4 years and a salvage value of $1,260. Using the straight-line method, the amount of one year's depreciation is Multiple Choice $1,260 $5,850 $470 $8,460
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