Complete these exercises:
BE11-2
BE11-4
BE11-9
Exercise 11-6
Lockard Company purchased machinery on January 1, 2014, for $190,000. The machinery is estimated to have a salvage value of $19,000 after a useful life of 8 years.
Correct answer. Your answer is correct.
Compute 2014 depreciation expense using the straight-line method.
Depreciation expense
$Entry field with correct answer
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01 Apr 2015