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Hokus Corporation provided the following schedule of depreciable assets at 12/31/16: The estimated useful life of each depreciable asset is 5 years. A. Compute 2017

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Hokus Corporation provided the following schedule of depreciable assets at 12/31/16: The estimated useful life of each depreciable asset is 5 years. A. Compute 2017 depreciation expense for Asset A. B. Compute 2017 depreciation expense for Asset B. C. On March 31, 2017, Hokus, sold Asset C for $26,000. 1. prepare the journal entry to record 2017 depreciation expense on Asset C. 2. Prepare the journal entry to record the sale of Asset C on 31/31/13

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