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18. Cold Stone Creamery originally purchased ice cream equipment on 1/1/18 for $85,000. The equipment had an estimated life of 5 years, with an estimated

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Cold Stone Creamery originally purchased ice cream equipment on 1/1/18 for $85,000. The equipment had an estimated life of 5 years, with an estimated salvage value of $15,000. On March 31, 2020, Cold Stone sold the ice cream equipment for $60,000. The company has been using the straight-line method of depreciation. Use the text boxes in the questions below to show your work and answer the following questions: Question 18 4 pts Calculate the amount of total depreciation that should have been taken on the equipment until 3/31/20

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