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Maxwell Tax Planning Service bought communications equipment for $ 10 comma 200$10,200 on January 1, 2019. The equipment has an estimated useful life of five

Maxwell Tax Planning Service bought communications equipment for

$ 10 comma 200$10,200

on January 1, 2019. The equipment has an estimated useful life of five years and zero residual value. Maxwell uses the

straightminusline

method to calculate depreciation and records depreciation expense in the books at the end of each month. As of June 30, 2019, the balance in the Accumulated Depreciation account for this equipment is ________.

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