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Required information The following information applies to the questions displayed below] On January 1, Year...

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Accounting

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Required information The following information applies to the questions displayed below] On January 1, Year 1, a company purchased equipment for $148,000. The estimated service life of the equipment is 10 years and the estimated residual value is $16,000. The equipment is expected to produce 400,000 units during its iffe. Required: Required: 3. Units of production (units produced in Year 1,48,000; units produced in Year 2,43,000). Note: Round "Depreciotion per unit rate" answers to 2 decimal places

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