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4.75 pts Question 27 Kentucky Fried Chicken (KFC) purchased equipment for $68,000 on 1/1. The equipment is expected to have a four-year life, with a

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4.75 pts Question 27 Kentucky Fried Chicken (KFC) purchased equipment for $68,000 on 1/1. The equipment is expected to have a four-year life, with a residual value of $10,000 at the end of four years. Using the double-declining balance method, what is the amount of depreciation expense for KFC for the current ending on 12/31? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 4.75 pts D Question 25 Pfizer purchased a patent for a Covid-19 vaccine on October 1 for $9,000,000. The remaining legal life of the patent is 10 years but Pfizer only expects to benefit from the patent for 4 years. No residual value is expected. Assuming the straight-line method is used, what is the amortization expense, if any, for the current accounting period (year) ending on 12/312 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number - you can round up if needed. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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