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Kansas Enterprises purchased equipment for $79,000 on January 1, 2012. The equipment Is expected to have a ten-year life, with a residual value of $6,300

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Kansas Enterprises purchased equipment for $79,000 on January 1, 2012. The equipment Is expected to have a ten-year life, with a residual value of $6,300 at the end of ten years. Using the double-declining balance method, the book value at December 31, 2013 would be

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