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31) New equipment has an initial book value $133,000 and is to be depreciated straight-fne orer 9 pers to a bock vieia ct $26,000. What
31) 
New equipment has an initial book value $133,000 and is to be depreciated straight-fne orer 9 pers to a bock vieia ct $26,000. What is the depreciation expense for the equipment for its second year cl use? NOTE Enter your araser to the nearest penny. Do not include a $ sign in your Step by Step Solution
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
