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Kansas Enterprises purchased equipment for $79,500 on January 1, 2018. The equipment is expected to have a ten- year life, with a residual value of

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Kansas Enterprises purchased equipment for $79,500 on January 1, 2018. The equipment is expected to have a ten- year life, with a residual value of $6,150 at the end of ten years. Using the double-declining balance method, depreciation expense for 2019 would be (Do not round your intermediate calculations): $15,900. $12,720. $14,670. $11,736

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