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jet company purchased equipment for 79000 on January 1 2021. the equipment is expected to have 5years life with a residual value of 8250 at

jet company purchased equipment for 79000 on January 1 2021. the equipment is expected to have 5years life with a residual value of 8250 at the end of five years. Using the straight line method, depreciation expense for 2021

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