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At the beginning of Year 1 , a company purchased equipment for $ 2 1 , 0 0 0 and decided to depreciate it over
At the beginning of Year a company purchased equipment for $ and decided to depreciate it over a fiveyear period using the straightline method. The equipment's residual value was estimated at $ The estimated fair market value at the end of Year was $ Which of the following statements is correct at December Year
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