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3. Which relationship is incorrect: a. Equipment is depreciated b. Goodwill is amortized C. Copyrights are amortized d. Timber is depleted e. Land is not

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3. Which relationship is incorrect: a. Equipment is depreciated b. Goodwill is amortized C. Copyrights are amortized d. Timber is depleted e. Land is not depreciated 4. Write in the interest expense for a 3 month, 4.6%, $10,245 note payable. Round to nearest whole dollar

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