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Delicious Baked Chicken bought equipment on January 2, 2021, for $42,000. The equipment was expected to remain in service for four years. At the end

image text in transcribed Delicious Baked Chicken bought equipment on January 2, 2021, for $42,000. The equipment was expected to remain in service for four years. At the end of the equipment's useful life, Delicious estimates that its residual value will be $6,000

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