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Cutter Enterprises purchased equipment for $54,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $8,100.

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Cutter Enterprises purchased equipment for $54,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $8,100. Using the straight line method, the book value at December 31, 2021, would be: Multiple Choice $43,200 $44,820 Activate Wind Go to Settings to

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