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On January 1, 2018, Pronghorn Ltd. purchased equipment for $880,000. The equipment was assumed to have an 8-year useful life and no residual value, and

On January 1, 2018, Pronghorn Ltd. purchased equipment for $880,000. The equipment was assumed to have an 8-year useful life and no residual value, and was to be depreciated using the straight-line me...

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