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Drill Problem 17-1 to 17-6 (Static) [LU 17-1 (2)]
From the following facts, complete a depreciation schedule by using the straight-line method:
Note: Input all amounts as positive values.
Cost of Honda Accord Hybrid
Residual value
Estimated life
[tex]$ 40,000
$[/tex] 10,000
6 years
References
Mc
Graw
Hill
End of year 1
End of year 2
End of year 3
End of year 4
End of year 5
End of year 6
Cost of Honda
Accord
Depreciation
expense for year
Accumulated
depreciation at
end of year
Book value at end
of year
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