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9. Bad Wolf Productions purchased property for $100,000. $20,000 of value was assigned to the land. The buildings were assigned a 20-year useful life. Using

  1. 9. Bad Wolf Productions purchased property for $100,000. $20,000 of value was assigned to the land. The buildings were assigned a 20-year useful life. Using straight line depreciation. After year 4, assuming all entries were properly recorded, what is the value of Accumulated Depreciation?
    1. 4,000
    2. 5,000
    3. 16,000
    4. 20,000

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