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3 pts Question 18 Kansas Enterprises purchased equipment for $50,000 on January 1, 2021. The equipment is expected to have a four-year life, with a

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3 pts Question 18 Kansas Enterprises purchased equipment for $50,000 on January 1, 2021. The equipment is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the double- declining balance method, the book value at December 31, 2022 (after 2 YEARS), would be: O 30.000 18,000 O 25,000 O 12,500

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