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Khaki purchased an equipment at a cost of $20.000 on January 1, 2014. The equipment has a residual value of 51.500. The company depreciates the

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Khaki purchased an equipment at a cost of $20.000 on January 1, 2014. The equipment has a residual value of 51.500. The company depreciates the machine using reducing balance method at the rate of 40 . The company's year-end is December 31 . What is the accumulated depreciation at the end of year 27 Blank 1

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