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--------------------- On May 1, 2021, Crane Company sells office furniture for $304800 cash. The office furniture originally cost $731200 when purchased on January 1, 2014

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On May 1, 2021, Crane Company sells office furniture for $304800 cash. The office furniture originally cost $731200 when purchased on January 1, 2014 Depreciation is recorded by the straight-line method over 10 years with a salvage value of $76600. What depreciation expense should be recorded on this asset in 2021? O $21820 O $24373 O $65460 $32730 The interest charged on a $390000, 80-day note payable at the rate of 6%, would be (Hint:Use 360 days for calculation) O $23400 O $1949 $12998 $5200

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