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On March 1, a company acquired equipment at the cost of $165,400. The equipment is expected to have a 4-year useful lifespan and a residual

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On March 1, a company acquired equipment at the cost of $165,400. The equipment is expected to have a 4-year useful lifespan and a residual value of $5,400. The company's year-end is November 30. Year Accumulated Depreciation 2020 Carrying Amount Depreciation Expense Depreciable Amount 2021 2022 2023 2021 2022 N 2023 2024

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