Business, 21.04.2020 19:06, BLUE1700

DLW, Inc just started its business. DLW purchased factory equipment for $800,000 on January 1. It is estimated that the equipment will have a $30,000 salvage value at the end of its estimated 10-year useful life. If the company uses the straight-line method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be:

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DLW, Inc just started its business. DLW purchased factory equipment for $800,000 on January 1. It is...