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On April 1, 2020, Peggy's Cafe acquired equipment for $220.000. The estimated life of the equipment is 5 years or 80,000 hours. The estimated residual

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On April 1, 2020, Peggy's Cafe acquired equipment for $220.000. The estimated life of the equipment is 5 years or 80,000 hours. The estimated residual value is $20,000. What is the depreciation for 2020, if Peggy's Cafe uses the asset 16,200 hours and uses the Activity-Based depreciation method? (round to the nearest dollar)

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