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8 Additionaldara: 1 Depreciation expense was $16,200. 2. Dividends oficlared and poid were $22.420. 3. During the yea, equipinent was sold for 39.500 caath. This
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Additionaldara: 1 Depreciation expense was $16,200. 2. Dividends oficlared and poid were $22.420. 3. During the yea, equipinent was sold for 39.500 caath. This couicment ocieinaly cost 519.900 and had accum 19t cod depreciation et $ al 800 as the time of yain. Eands were redeemed at their cacrine value. 5. Common stock was iswerd at par for cash coost-trunes Step by Step Solution
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