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A company buys equipment for $60,000, expects to use It for six years, and then sell It for $6,000. Using the straight-line method, the company

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A company buys equipment for $60,000, expects to use It for six years, and then sell It for $6,000. Using the straight-line method, the company should report annual depreciation for the equipment of: $10,000. $18,000. $20, 500. $9,000

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