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Equipment that cost $300,000 and had a book value of $156,000 was sold for $180,000. Data from the comparative balance sheets are: 12/31/11 12/31/10 Equipment
Equipment that cost $300,000 and had a book value of $156,000 was sold for $180,000. Data from the comparative balance sheets are: 12/31/11 12/31/10 Equipment $2,160,000 $1,950,000 Accumulated Depreciation 660,000 570,000 Equipment purchased during 2011 was
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