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3 On January 2, 2019, a firm purchased equipment for $10,500. Depreciation expense for the year ending December 31, 2019, given the straight-line method, a

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On January 2, 2019, a firm purchased equipment for $10,500. Depreciation expense for the year ending December 31, 2019, given the straight-line method, a 5-year useful life, and a salvage value of $1,900, is Multiple Choice o O s120 o $2,o. o 51900 o 31520

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