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On January 1, 2016, Vaughn Manufacturing purchased equipment for $25500. The company is depreciating the equipment at the rate of $1020 per month. At January

On January 1, 2016, Vaughn Manufacturing purchased equipment for $25500. The company is depreciating the equipment at the rate of $1020 per month. At January 31, 2017, the balance in Accumulated Depreciation is:

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