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3 2 points On January 1 , Year 1 , Pete Company purchased manufacturing equipment for $ 1 2 0 , 0 0 0 .
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On January Year Pete Company purchased manufacturing equipment for $ Installation and delivery costs totaled $ Yearly maintenance costs on the equipment are expected to be $ The expected useful life is years with a salvage value of $
What amount of accumulated depreciation expense would Pete Company report on its Year balance sheet?
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