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2-1: On February 22. 2009, your company bought ofce furniture for $35000. According to the accounting rules that everyone must play by, what would be

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2-1: On February 22. 2009, your company bought ofce furniture for $35000. According to the accounting rules that everyone must play by, what would be the dollar value of depreciation your company could take in the following years assuming they use MACRS and office furniture has a useful life under MACRS of seven years. ['10 points} a. 2003 b. 2010 c. 2011 d. 2016 e. 2017 2-2: On September 30"", the Disney Corporation had a retained earnings balance of $19.33 {million}. One year later it had jumped to $9.55? [million]. They sold no stock during the year. but did pay $342 {million} in common dividends. Their DPS = $0.51. Given this information

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