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7 Cutter Enterprises purchased equipment for $75,000 on January 1, 2018. The equipment is expected to have a five year life and a residual value

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7 Cutter Enterprises purchased equipment for $75,000 on January 1, 2018. The equipment is expected to have a five year life and a residual value of $6,000 Using the double-declining balance method, the book value at December 31, 2019, would be: $28,200 $27.000 O Type here to

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