Question: ABC Company purchased a network computer system (# 46) for $375,000. Delivery charge and installation fee totaled $35,000. The company plans to use this computer

ABC Company purchased a network computer system (# 46) for $375,000. Delivery charge and installation fee totaled $35,000. The company plans to use this computer for 6 years and will have a salvage/trade-in value of $95,00. The company signed a note for this entire purchase. Please Journalize entry. Please journalize straight-line depreciation on computer #46 Please journalize straight-line depreciation on computer #46

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