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Peavey Enterpises purchased a depreclable asset for $27,000 on Aprill, Year 1 , The asset wa be depreciated using the straight-4ine method over its fous-year

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Peavey Enterpises purchased a depreclable asset for $27,000 on Aprill, Year 1 , The asset wa be depreciated using the straight-4ine method over its fous-year usefull life. Assuming the asset's salvage value is $3,000, what will be the amount of accumulned depreciation on this asset on December 3. Year 3 ? Mabigle Cicice $6,000 $24,000 55.000 120000 $6,000 $24,000 $5,000 $20,000 $16,500

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