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Arits December 31, 2019. year-end, Athletic Apparel had a warehouse with an adjusted book value of 5304,500 and an estimated remaining useful life of 20

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Arits December 31, 2019. year-end, Athletic Apparel had a warehouse with an adjusted book value of 5304,500 and an estimated remaining useful life of 20 years and residual value of $102,000. Because of pick up and delivery issues at the warehouse, a contractor was hired to construct a new door into the east wall during the week of January 5, 2020, for $37500 on account. The estimated useful life of the door is 20 years with an estimated residual value of $8,700. Athletic uses the straight-line method to depreciate assets Required: 1. Record the installation of the new door View transaction list Journal entry worksheet

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