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On October 1, 2020, Saria Company purchased equipment for $13,000 with an estimated useful life of 3 years and a salvage value of $4,000. The

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On October 1, 2020, Saria Company purchased equipment for $13,000 with an estimated useful life of 3 years and a salvage value of $4,000. The company uses the straight-line method of depreciation. (extract the below amounts from the depreciation schedule) What will be the depreciation expense for the year 2020?* $750 O $3,000 $4,000 $4,333 None of the above What will be the depreciation expense for the year 2021? * $750 $3,000 $4,000 $4,333 None of the above What will be the accumulated depreciation for the year 2022?* $2,250 $4,000 $6,750 $9,000 O None of the above What will be the book value (year-end) for the year 2022? * $6,750 O $6,250 $3,000 O $750 None of the above Journal entry to record the depreciation expense for the year 2023 will include: * Debit Depreciation Expense and Credit Accumulated Depreciation for $750 Credit Depreciation Expense and Debit Accumulated Depreciation for $3,000 Debit Depreciation Expense and Credit Accumulated Depreciation for $6,750 Debit Depreciation Expense and Credit Accumulated Depreciation for $6,250 O None of the above

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