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On January 3, 2023, Xenex Innovations purchased computer equipment for $129,250. The equipment will be used in research and development activities for five years

On January 3, 2023, Xenex Innovations purchased computer equipment for $129,250. The equipment will be used in research and development activities for five years or a total of 7,500 hours and then sold for about $17,500. Assume actual usage in hours of 2023 2024 2025 2026 2027 1,450 1,800 2,600 3,000 2,900

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