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Alba Company acquired furniture on May 1, 2020 for 50,000. Its expected useful life is five years with a scrap value of 5,000. Using straight-line
Alba Company acquired furniture on May 1, 2020 for 50,000. Its expected useful life is five years with a scrap value of 5,000. Using straight-line method, how much is the Depreciation Expense-Furniture for the calendar year ended December 31, 2021?
Group of answer choices
9,000
6,000
6,667
15,000
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