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Company XYZ purchased equipment on October 28,2022 at a cost of $5,000. The equipment is expected to last 5 years and the the company's year

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Company XYZ purchased equipment on October 28,2022 at a cost of $5,000. The equipment is expected to last 5 years and the the company's year end is December 31,2022. Answer the following questions: Remember to prorate to the nearest month! Fill in the blanks be sure to not include any commas or decimals unless otherwise stated. For example $1,000,00 should be expressed as 1000 . Only include decimals when told. 1. How much depreciation expense should be included in the December 31,2022 Statement of Income? \$ rounded to the nearest $1 2. How much depreciation expense should be included in the December 31, 2022 Statement of income if the equipment was purchased on June 28,2022 ? \$ rounded to the nearest $0.01 3. How much depreciation expense should be included in the December 31,2022 Statement of Income if the equipment was purchased on January 3,2022?:4 rounded to the nearest $0.01

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