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O d. Depreciation Expense. [The following information applies to the questions displayed below.) Hoffman, Inc. adjusts its books each month but closes its books at

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O d. Depreciation Expense. [The following information applies to the questions displayed below.) Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial balan adjustments is as follows: Credit Debit $ 10,920 9,620 1,300 3,120 26,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense $ 10,400 6,500 5,200 23,400 1,560 16,510 7,800 390 1,300 $ 62,010 $ 62,019 The equipment had an estimated useful life of five years. Compute the book value of the equipment at Marc proper March adjustment is recorded. Select one: O a $10,833 O b. $15,167 O c. $25,567 O d. $10,400 DELL

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