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Avalon Industries buys equipment for $74,000, expects to use it for ten years, and then sell it for $7,400. Using the straight-line method, the company

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Avalon Industries buys equipment for $74,000, expects to use it for ten years, and then sell it for $7,400. Using the straight-line method, the company should report annual depreciation for the equipment of Multiple Choice $13,320. $15,170. $6,660. $7400

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