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9 Al Qurum Enterprises purchased equipment for OR 72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual
9 Al Qurum Enterprises purchased equipment for OR 72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of OR 6,000 3. Using the double-declining balance method, depreciation for 2018, and the book value at December 31, 2018, would be: sed out of Select one a depreciation 28,800 and book value 37,200. b. depreciation 26,400 and book value 45,600 C.depreciation 26,400 and book value 36,600 d. depreciation 28.800 and book value 43,200
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