The Hiten Skating Ciub used straight-une depreciabon for a used Zamboni...
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The Hiten Skating Ciub used straight-une depreciabon for a used Zamboni ice-resurfacing machine that cost $52,500, under the assumption it woald have a four-year life and a 56 , 800 trade-in value. After two years, the club determined that the Zamboni still had three more years of remaining ubefut lite after Which it woufd have an estmated 54.390 trade in value Required: 1. Calculate the Zambonis book value at the end of its second year 2. Calculate the amount of depreciation to be charged duting each of the remaining years in the Zambonis revised usefui iffe
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