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Cutter Enterprises purchased equipment for $93,000 on January 1, 2024. The equ year life and a residual value of $4,200. Using the straight-line method,

Cutter Enterprises purchased equipment for $93,000 on January 1, 2024. The equ year life and a residual value of $4,200. Using the straight-line method, depreciation for 2024 would be: ht is expected to have a five- Multiple Choice $17,760. $18,600. O $93,000. None of the other answer choices are correct.

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