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10.) Jacobs Company estimates that its new equipment will last 6 years and have a residual value of $3,000. The original cost of the equipment

10.) Jacobs Company estimates that its new equipment will last 6 years and have a residual value of $3,000. The original cost of the equipment was $39,000. What would be the balance in the accumulated depreciation account at the end of year 4?

Select one:

a. $0

b. $6,000

c. $24,000

d. $26,000

e. $39,000

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