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On January 2, 2019, Kaiman Corporation acquired equipment for $800,000. The estimated ife of the equipment is 5 years or 80,000 hours. The estimated residual

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On January 2, 2019, Kaiman Corporation acquired equipment for $800,000. The estimated ife of the equipment is 5 years or 80,000 hours. The estimated residual value is $30,000. What is the balance in Accumulated Depreciation on December 31, 2020. if Kaiman Corporation uses the straight-line method of depreciation? O A $154,000 OB $160.000 C. 5308.000 D. $320,000 If the market interest rate is greater than the stated interest rate on bonds, the bonds will sell: OA at a discount OB. at face value OC. at a premium OD at the stated interest rate The Diamond Store began business on June 1. During the month of June, Diamond had cash payments of $12.000. At the end of June, it had a $20.000 cash balance. Based on this Information, the cash receipts for the month of June were: DA 544000 OBS20000 OC$32.000 DD 58.000

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