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MIC Company purchased a computer for $4,800 on December 1. It is estimated that annual depreciation on the computer will be $960. If financial

MIC Company purchased a computer for $4,800 on December 1. It is estimated that annual depreciation on the computer will be $960. If financial statements are to be prepared on December 31, the depreciation expense should be shown in the adjusting entry a. $ 80 O b. $4,800 Oc. $ 3,800 O d. $960

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