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13 Cutter Enterprises purchased equipment for $45,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of
13 Cutter Enterprises purchased equipment for $45,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $8,100. Using the double-declining-balance method, the book value at December 31, 2022, would be: 2.5 points X 02:22:16 Multiple Choice Skipped $15.300 O $16,200 $17,400 o $9,000
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