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A company purchased equipment for $65,000 with a salvage value of $5,000 on April 1, Year 1 it has an estimated useful life of 5
A company purchased equipment for $65,000 with a salvage value of $5,000 on April 1, Year 1 it has an estimated useful life of 5 years the straight-ine method, how much depreciation expense should the company recognize on December 31, Year 1? Multiple Choice ed $12.000 $9,000 $1,000 $3.000
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