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Avalon Industries buys equipment for $72,000, expects to use it for twelve years, and then sell it for $7,200. Using the straight- line method,

Avalon Industries buys equipment for $72,000, expects to use it for twelve years, and then sell it for $7,200. Using the straight- line method, the company should report annual depreciation for the equipment of: Multiple Choice $10.800 $6,000. $5,400. $12,300

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