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is this right answer? Cutter Enterprises purchased equipment for $93,000 on January 1,2024 . The equipment is expected to have a fiveyear life and a

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Cutter Enterprises purchased equipment for $93,000 on January 1,2024 . The equipment is expected to have a fiveyear life and a residual value of $6,000 Using the double-declining-balance method, the book value on December 31,2025 , would be: Multiple Choice $34,680 $32,580 $33.480 $18,600

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