on 1 july 20×4 theriout corporation acquired a manufacturing plant in cape breton for 1750000 the plant employing 50 workers began operation 2/

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Required:
1. Provide the entry to record the loan to purchase capital assets and the salary subsidy. Explain your choice of entry.
2. How much net depreciation expense on the manufacturing plant would be recorded in the year ended 31 December 20X4? Provide calculations.

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