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Field Instruments completed the following transactions and events involving its machinery, how to solve?

April 26, 2017events field instruments involving machinery transactions

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Field Instruments completed the following transactions and events involving its machinery, how to solve?

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Field Instruments completed the following transactions and events involving its machinery: 2004 Jan. 1 Paid $106,600 cash plus $6,400 in sale tax for a new electrical device. The machine is estimated to have a six-year time and a $9,800 salvage value. Dec. 31 Recorded annual straight-line…