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Accounting, Se 18 PM / Remaining: 17 min. CALCULATOR BACK NEXT Question 1 A company purchased factory equipment on June 1, 2022 for $84000. It

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Accounting, Se 18 PM / Remaining: 17 min. CALCULATOR BACK NEXT Question 1 A company purchased factory equipment on June 1, 2022 for $84000. It is estimated that the equipment will have a $12000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is O $7200 O $4200 $3600 $3000. Question Attempts: 0 of 1 used SUBMIT

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