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1 pts Question 23 At the beginning of Year 1, ABC Company purchased a piece of equipment for $900. This equipment was expected to

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1 pts Question 23 At the beginning of Year 1, ABC Company purchased a piece of equipment for $900. This equipment was expected to last 6 years at which time ABC hoped to sell the equipment for $300. At the beginning of Year 7. ABC Company sold the equipment for $200. ABC Company uses the straight line depreciation method. When the Year 1 Depreciation Expense is recognized, Total Assets wit O decrease by $100 O increase by $100 O remain the same O change by more than $100 Previous esc 27 1 at BE " 2 3 $ 4 tab Q caps lock A . shift fn M E S N 3 D X MacBook Air 55 Next- Not get Qar A 6 . 6 7 8 9 R T Y U Q K LL F GH - C V B N M H option control command

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