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DQuestion 18 1 pts At the beginning of Year 2 ABC Company purchased a piece of equipment for $1.200 This equipment was expected to
DQuestion 18 1 pts At the beginning of Year 2 ABC Company purchased a piece of equipment for $1.200 This equipment was expected to last 10 years at which time ABC hoped to sell the equipment for $200 At the beginning of Year 11, ABC Company sold the equipment for $400 ABC Company uses the straight line depreciation method How much Accumulated Depreciation would ABC Company report on the Year 2 Balance Sheet? $800 $1,000 $200 8200
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