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Matin Co. purchased equipment on January 1, 2017 for $1,400,000 cash. The company uses the revaluation model for its equipment. The useful life is 15

Matin Co. purchased equipment on January 1, 2017 for $1,400,000 cash. The company uses the revaluation model for its equipment. The useful life is 15 years and the residual value is $200,000. On Decem...

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