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On January 1 , 2 0 2 0 Hartmann Corporation purchased equipment for $ 5 4 , 0 0 0 and estimates yearly depreciation expense

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On January 1,2020 Hartmann Corporation purchased equipment for $54,000 and estimates yearly depreciation expense of $4,500. Assuming Depreciation Expense is recorded appropriately each year what will be the balance in accumulated depreciation on December 31,2021?
$4,500
$45,000
$9,000
$49,500
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