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On January? 2, 2017, Konan Corporation acquired equipment for? $300,000. The estimated life of the equipment is 5 years or?100,000 hours. The estimated residual value
On January? 2, 2017, Konan Corporation acquired equipment for? $300,000. The estimated life of the equipment is 5 years or?100,000 hours. The estimated residual value is? $40,000. What is the balance in Accumulated Depreciation on December? 31, 2018, if Konan Corporation uses the doubleminus?decliningminus?balance method of? depreciation?
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