Saved Help Sa China Dragon purchased new restaurant equipment on September 1, 2021, for $8,000....
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Saved Help Sa China Dragon purchased new restaurant equipment on September 1, 2021, for $8,000. Residual value at the end of an estimated flve- year service life is expected to be $2,000. Calculate depreciation expense using the straight-line method for 2021 and 2022, assuming a December 31 year-end. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) Depreclation Expense Year 2021 2022 Next >
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