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Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200. Using the straight-line method, the company

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Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200. Using the straight-line method, the company should report annual depreciation for the equipment of Multiple Choice $17,520 O $10.000 $20.020 58.760

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