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ng resource fro... Chapter 9 Quiz Flashcards | Quizlet Calculator Equipment with a cost of $158,033 has an estimated residual value of $7,637 and an

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ng resource fro... Chapter 9 Quiz Flashcards | Quizlet Calculator Equipment with a cost of $158,033 has an estimated residual value of $7,637 and an estimated life of 3 years or 14,721 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,567 hours? a $42.16 b. $50,132.00 c. $1.00 d. S36,441.99

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