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23 . Eckard Comp any reported the following information regarding its only equipment in its balance sheet Dec 31 2012 Dec . 31 201 1

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23 . Eckard Comp any reported the following information regarding its only equipment in its balance sheet Dec 31 2012 Dec . 31 201 1 Equipment $540 000 $540. 000 Accumulated Depreciation $210 000 $180 000 Assume the company uses straight - line depreciation . As of December 31 2012 , how old is the equipment ? A . 12 years B . 11 years C . 7 years D. 6 years

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