WebVerified questions. Silverman Company purchased machinery for $162,000 on January 1, 2024. It is estimated that the machinery will have a useful life of 20 years, salvage value of$15,000, production of 84,000 units, and working hours of 42,000. During 2024, the company uses the machinery for 14,300 hours, and the machinery produces 20,000 units. Web2 days ago · Even smaller countries such as Vanuatu have taken the plunge, increasing its VAT from 12.5 per cent to 15 per cent. New Zealand has lifted its rate twice since it was introduced 37 years ago.
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