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DeLito Tax Planning Service bought production equipment for 9,600$ on January 1, 2017. It has an estimated useful life of five years and zero residual
DeLito Tax Planning Service bought production equipment for 9,600$ on January 1, 2017. It has an estimated useful life of five years and zero residual value. DeLito uses the straightline method to calculate depreciation and records depreciation expense in the books at the end of every month. As of June 30, 2017, the book value of this equipment shown on its balance sheet will be ________
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