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19- On May 1, 2014, Pinkley Company sells office furniture for 60,000 cash. The office furniture originally cost 150,000 when purchased on January 1,

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19- On May 1, 2014, Pinkley Company sells office furniture for 60,000 cash. The office furniture originally cost 150,000 when purchased on January 1, 2006. Depreciation is recorded by the straight-line method over 10 years with a residual value of 15,000. What depreciation expense should be recorded on this asset in 2014? a. 4,500. b. 5,000. c. 6,750. d. 13,500. I

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