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20 0.1 pts The company purchases equipment for $18,000 on February 1, 2016. The equipment will be useful for 3 years. The company records an

20 0.1 pts The company purchases equipment for $18,000 on February 1, 2016. The equipment will be useful for 3 years. The company records an adjusting entry for depreciation at the end of each year. After recording the adjusting entry for depreciation at the end of the year 2016, the net book value of equipment is [netbookvalue]. Previous

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