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At the beginning of 2019. Altero Inc. purchased a piece of equipment at a cost of $30.000. Its estimated residual value was $5,000 at the

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At the beginning of 2019. Altero Inc. purchased a piece of equipment at a cost of $30.000. Its estimated residual value was $5,000 at the end of an estimated 5 year ife. The company expects to produce a total of 200.000 units. The company produced 44,000 units in 2019. Using the double-declining balance method, what is the amount of depreciation expense for 20197 a. $12.000 514,000 $10.000 d. 511.000 QUESTIONS Again on the disposal of an asset occurs when the a accumulated depreciation is greater than the asser's book value b.assets cost is greater than the assets accumulated depreciation. cast's book value is greater than the selling price. Od selling price is greater than the asset's book value QUESTION 6 At the beginning of 2019. Alfiero Inc. purchased a piece of equipment at a cost of $30.000 ts estimated residual value was $5.000 at the end of an estimated 5 year The company produced accounts in 2018 Using the straight line method what is the amount of depreciation expense for 2017 a. 55.000 . The company expects to produce a total of 200.000 b. 56.000 57.000 0 54.000

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