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Homework. Unanswered Stratten Corp. bought $80,000 of equipment on July 1, 2023 and expected that the equipment would last for 10 years and have no
Homework. Unanswered Stratten Corp. bought $80,000 of equipment on July 1, 2023 and expected that the equipment would last for 10 years and have no salvage value. Which of the following would be reported on the December 31, 2025 financial statements? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Net carrying value of $80,000, depreciation expense of $15,000 b Net carrying value of $56,000, depreciation expense of $8,000 Net carrying value of $60,000, depreciation expense of $8,000 d Net carrying value of $80,000, depreciation expense of $24,000 Net carrying value of $60,000, depreciation expense of $20,000
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