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A construction company purchased a new bulldozer for $108,000 on July 1,2019 . The company estimates that the bulldozer will have a useful life of

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A construction company purchased a new bulldozer for $108,000 on July 1,2019 . The company estimates that the bulldozer will have a useful life of nine years and then be worthless. Using the straight-line depreciation method, the depreciation expense on December 31,2019 will be: $12,000. $6,000. $108,000 $54,000

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