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From where I can get the disposlaes ? Seow Ltd. began the year with capital assets of $888,000 and accumulated depreciation of $234,000. During the
From where I can get the disposlaes ?
Seow Ltd. began the year with capital assets of $888,000 and accumulated depreciation of $234,000. During the year, capital assets were purchased for $223,000, and capital assets with a net book value of $40,000 were sold for $47,000. At the end of the year, Seow had capital assets of $999,000 and accumulated depreciation of $207,000. What was the depreciation expense for the year? Select one: a. $207,000 b. $72,000 c. $112,000 d. $45,000
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