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On January 2, 2023, Kaiman Corporation acquired equipment for $300,000. The estimated lfe of the equipment is 5 yearn or 60,000 hours. The estimuled residual
On January 2, 2023, Kaiman Corporation acquired equipment for $300,000. The estimated lfe of the equipment is 5 yearn or 60,000 hours. The estimuled residual value is 530,060 . What is the belance in Accumulated Deprecietion en December 31,2024 , i Kaiman Corporation uses the straight - Ine methed di depreciation? A. $100,000 B. $120,000 C. $54,000 D. $60,000
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