On january 1 2009 boston company purchased a heavy duty, Ask an Expert

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On January 1, 2009, Boston Company purchased a heavy duty machine having an invoice price of $13,000; Boston paid transportation and installation costs totaling $3,000. The machine is estimated to have a 4-year useful life and a $1,000 residual value. Calculate depreciation expense and book value for 2009 - 2012, assuming 150% declining-balance method of depreciation.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9402944

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