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Catrina Corporation took out a new insurance policy on their recently built offices. The policy cost $190,000 and covered 24 months, from Apr 1,20X1 to

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Catrina Corporation took out a new insurance policy on their recently built offices. The policy cost $190,000 and covered 24 months, from Apr 1,20X1 to the end of Mar 20X3. When Catrina prepares its income statement for the year ended 201, what amount will be shown as insurance expense? Enter your response as a whole number, no commas, no dollar signs. Your Answer: Answer Question 4 (1 point) Folder inc purchased equipment on the first day of the year for $170,000 with an estimated useful life of 13 years and no salvage (residual) value. Using straight-line depreciation, what is the book value of the asset at the end of the first year? Enter your response as a whole number, no commas, no dollar signs. Your

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