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On April 1,2014, Victor Inc. acquired a new piece of fitering equipment. The cost of the equipment was $160,000 with a residual value of $20,000

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On April 1,2014, Victor Inc. acquired a new piece of fitering equipment. The cost of the equipment was $160,000 with a residual value of $20,000 at the end of its estimated useful lifetime of 4 years. Assume that in its financial statements, Victor uses straight-line depreciation and the half year convention Depreciation recognized on this equipment in 2014 and 2015 will be Question Not yet answered Select one Marked out of 1 a.$40,000 in 2014 and $30,000 in 2015 b $23,333 in 2014 and $30,000 in 2015 . $20,000 in 2014 and $35,000 in 2015. O d. S17.500 in 2014 and S35.000 in 2015 PFilag queston

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