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Kansas Enterprises purchased equipment for 575,500ct January 2.2024. The equipment is expected to have a fiveryeor senice life, with a residual value of 56750 at

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Kansas Enterprises purchased equipment for 575,500ct January 2.2024. The equipment is expected to have a fiveryeor senice life, with a residual value of 56750 at the end of five years. Using the double deciring belsnce method, depreciation expense for 2024 would be: (Do not round your intermediate calculations) 527500 130300 323.450 519800

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