the andrews company has just purchased $59,498,000 of plant and equipment that has an estimated useful life of 15 years. the expected salvage value at the end of 15 years is $5,949,800. what will the depreciation expense for this purchase (exclude all other plant and equipment) be for the second year of use? (use fasb gaap)

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07-12-2022
Business

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the andrews company has just purchased $59,498,000 of plant and equipment that has an estimated useful life of 15 years. the expected salvage value at the end of 15 years is $5,949,800. what will the depreciation expense for this purchase (exclude all other plant and equipment) be for the second year of use? (use fasb gaap)

Sagot :

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