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Please answer asap Kansas Enterprises purchased equipment for $78,000 on January 1,2024. The equigment is expected to have a fiveyear ife, with a residual value
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Kansas Enterprises purchased equipment for $78,000 on January 1,2024. The equigment is expected to have a fiveyear ife, with a residual value of $6,450 at the end of five years. Using the double-declining balance method, the book value at December 31, 2025, would be: (Do not round your intermediate calculations) Nutiple choice 515.500 $34,30 120000 530,560 Step by Step Solution
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