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Gary's Fun Factory purchased new video games on January 1, 2023 for $31,000. The games have an estimated useful life of 5 years and an

Gary's Fun Factory purchased new video games on January 1, 2023 for $31,000. The games have an estimated useful life of 5 years and an estimated residual value of $ 1,000. If the straight-line method is used, how much total accumulated depreciation should be reported at December 31, 2024?

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