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On January? 2, 2017, Kaiman Corporation acquired equipment for? $700,000. The estimated life of the equipment is 5 years or? 100,000 hours. The estimated residual

On January? 2, 2017, Kaiman Corporation acquired equipment for? $700,000. The estimated life of the equipment is 5 years or? 100,000 hours. The estimated residual value is? $10,000. What is the balance in Accumulated Depreciation on December? 31, 2018, if Kaiman Corporation uses the straightminusline method of? depreciation?

A. ?$276,000

$138,000

C.

?$140,000

D.

?$280,000

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