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MC Qu. 9-85 Avalon Industries buys equipment for... Avalon Industries buys equipment for $48,000, expects to use it for ten years, and then sell it

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MC Qu. 9-85 Avalon Industries buys equipment for... Avalon Industries buys equipment for $48,000, expects to use it for ten years, and then sell it for $6,000. Using the straight-line method, the company should report annual depreciation for the equipment of: Multiple Choice 54,800. $9,600. ) $8,400. S4,200

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