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2. Presented below is information related to equipment owned by Suarez Company at December 31, 2023. Assume that Suarez will continue to use this asset

2. Presented below is information related to equipment owned by Suarez Company at December 31, 2023. Assume that Suarez will continue to use this asset in the future. As of December 31,2023 , the equipment has a remaining useful life of 4 years

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