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On Jonunry 2 2019, Kaiman Corporation acquired equipment for $300,000. The estimated life of the equipment is 5 years or 100,000 hours. The estimated residual

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On Jonunry 2 2019, Kaiman Corporation acquired equipment for $300,000. The estimated life of the equipment is 5 years or 100,000 hours. The estimated residual value in $30,000. What is the balance in Accumulated Depreciation on December 31, 2020, Kaliman Corporation uses the straight - Ine method of depreciation? O A $108,000 OB. $120.000 C. $54,000 OD. 560,000

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