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Berrien Corp purchased a new piece of equipment at a cost of $120,000 on June 30, 2019. They expect the equipment will have a salvage

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Berrien Corp purchased a new piece of equipment at a cost of $120,000 on June 30, 2019. They expect the equipment will have a salvage value of $10,000 at the end of its 10 year useful life. If Berrien uses the straight-line method of depreciation, what will they record for depreciation expense in 2019? $5,500 O $11,000 $6,000 $12,000 Some other

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