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Amazon Inc. purchased warehouse equipment on January 1, 2018, at a cost of $94,000. The equipment has an estimated useful life of Four years. Amazon

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Amazon Inc. purchased warehouse equipment on January 1, 2018, at a cost of $94,000. The equipment has an estimated useful life of Four years. Amazon Inc. projected that they will receive $2,000 for the equipment at the end of its useful life. Amazon uses the double-declining balance method. What is its book value of the equipment at December 31, 2019? Multiple Choice o ( $48,000 o ) None of the other answers are correct. o $23,500 o $47,000 o s46,000

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