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Answer: Brownstone Co. Ltd. has a calendar fiscal year. On Oct. 1, 2020 the company purchased equipment for $ 45,000. The estimated useful life of

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Answer: Brownstone Co. Ltd. has a calendar fiscal year. On Oct. 1, 2020 the company purchased equipment for $ 45,000. The estimated useful life of the equipment is 9 years. What is the amount of depreciation expense that will be recorded on December 31, 2020? ENTER YOUR ANSWER IN THE FOLLOWING FORMAT XXXXXX (NO COMMAS, NO DECIMALS)

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