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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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