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A Company's Property Records Revealed the Following Information About One

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A company's property records revealed the following information about one of its plant assets:
A company's property records revealed the following information about one of its plant assets:    Calculate the depreciation expense in Year 1 and Year 2 for the year ended December 31. Year 1 ________ Year 2 ________ Calculate the depreciation expense in Year 1 and Year 2 for the year ended December 31.
Year 1 ________ Year 2 ________

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Year 1: $154,000 × 20% = $30,8...

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