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A company purchased factory equipment on April 1.2025 for $104400. It is estimated that the equipment will have a $18000 salvage value at the end

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A company purchased factory equipment on April 1.2025 for $104400. It is estimated that the equipment will have a $18000 salvage value at the end of its 10 -year usefullife. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31,2025 is $8640. $7830. $10440. 56480

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