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Kimmel, Accounting, Ge CALCULATOR BACK Multiple Choice Question 92 Your answer is incorrect. Try again. Equipment was purchased for $90000 on January 1, 2016. Freight
Kimmel, Accounting, Ge CALCULATOR BACK Multiple Choice Question 92 Your answer is incorrect. Try again. Equipment was purchased for $90000 on January 1, 2016. Freight charges amounted to $3800 and there was a cost of $10000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $21000 salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used? $28400 O $15240. dy $33120. $16560. Click if you would like to Show Work for this question: OpenShoww Work TO TEXT Question Attempts: 2 of 3 used SAVE POR LATER S SUBMIT
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