Business, 27.12.2019 01:31 bananaslugs

Cutter enterprises purchased equipment for $72,000 on january 1, 2018. the equipment is expected to have a five-year life and a residual value of $6,000. using the straight-line method, depreciation for 2019 and the equipment's book value at december 31, 2019, would be: $13,200 and $39,600 respectively. $14,400 and $43,200 respectively. $13,200 and $45,600 respectively. $28,800 and $37,200 respectively.

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Cutter enterprises purchased equipment for $72,000 on january 1, 2018. the equipment is expected to...

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