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On 01/01/2023 Company paid 500000 to acquire two warehouses which are expected to last for 40 years. At the end of the year, the company

On 01/01/2023 Company paid 500000 to acquire two warehouses which are expected to last for 40 years. At the end of the year, the company sold of one of the two warehouses for $240,000. The company uses Double Declining Depreciation.

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