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On January 1,2022 , Bonita Company purchased equipment for $327000. The equipment is estimated to have a salvage value of $24000 and is being depreciated
On January 1,2022 , Bonita Company purchased equipment for $327000. The equipment is estimated to have a salvage value of $24000 and is being depreciated over five years using the sum-of-the-years'-digits method. What is depreciation expense on the equipment for the year ended December 31, 2025? $87200$40400$80800$43600
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