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QUESTION
1. How much depreciation expense does Buzzard record in 2005? 2. What amounts will be reported for the Machine and the Accumulated Depreciation in
1. How much depreciation expense does Buzzard record in 2005? 2. What amounts will be reported for the Machine and the Accumulated Depreciation in the consolidated balance sheet on December 31, 2005? 3. If Tool reports $60,000 of net income for 2005, what amount will be assigned to the non-controlling interest?
