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How do I solve for the accumulated depreciation? e Quaionz- Homewark-Con- x + - X ducation 9 X W 8:54 PM Type here to search

How do I solve for the accumulated depreciation?

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e Quaionz- Homewark-Con- x + - X ducation 9 X W 8:54 PM Type here to search 3/8/2021Question 2 - Homework 6 - Conn X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fwebapps%252Fportal%252Ffra... * * 3 W Homework 6 i Saved Help Save & Exit Submit Check my work 2 Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2019. DIMSDALE SPORTS COMPANY 15 Estimated Balance Sheet points December 31, 2019 Assets Cash $ 36,500 Accounts receivable 520,000 eBook Inventory 100,600 Total current assets $ 656,500 Print Equipment 600, 000 References Less: Accumulated depreciation 75,006 Equipment, net 525,000 Total assets $ 1, 181, 500 Liabilities and Equity Accounts payable $ 360,000 Bank loan payable 11, 000 Taxes payable (due 3/15/2020) 90,900 Total liabilities $ 461, 000 Common stock 470,500 Retained earnings 250,006 Total stockholders' equity 720, 500 Total liabilities and equity $ 1, 181, 500 To prepare a master budget for January, February, and March of 2020, management gathers the following information. Mc Graw Hill ducation Type here to search (of X W 8:53 PM 3/8/2021

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