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  3. Study Set
    Intermediate Accounting Study Set 4
  4. Exam
    Exam 11: Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment
  5. Question
    Depreciation for 2013: $350,000 ÷ 7 = $50,000 X 6/12
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Depreciation for 2013: $350,000 ÷ 7 = $50,000 X 6/12

Question 6

Question 6

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Depreciation for 2013: $350,000 ÷ 7 = $50,000 x 6/12 = $25,000
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