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Business, 16.11.2020 16:30 JUSTDAN6929

A company purchased factory equipment on April 1, 2014, for $96,000. It is estimated that the equipment will have a $12,000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2014, is A) $9,600.B) $8,400. C) $6,300.D) $7,200.

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A company purchased factory equipment on April 1, 2014, for $96,000. It is estimated that the equipm...
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