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Pensacola corporation purchased a piece of equipment for 512,000 on June 1, 2023. The equipment is expected to have a 8 year life and a
Pensacola corporation purchased a piece of equipment for 512,000 on June 1, 2023. The equipment is expected to have a 8 year life and a residual value of 20,000. Use straight-line, the equipment books value at December 31,2024 would be?
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Accounting Principles Part 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306791, 978-1118306796
