Question: Please show step by step solution Upper Canada Corp. bought $130000 of equipment with an estimated service life of 8 years. The equipment will have

Please show step by step solution

Upper Canada Corp. bought $130000 of equipment with an estimated service life of 8 years. The equipment will have a salvage value of $13000 the end of its life. The total amount of depreciation on this equipment over the useful life is: Round your interim calculations and final answer to 2 decimal places. Do not include any dollar signs, percentage \% signs, commas, and/or spaces in your answer. Your answer should only include numbers. For negative numbers, use a negative sign before the number e.g. -1021.57 Do not use brackets for negative numbers and do not leave a space between the negative sign and the number. Answer: 14625(117000)

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