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PLEASE HELP ASAP AZ Inc. purchased Equipment on January 1 for $400,000. This equipment is depreciated using the straight line method with a salvage value

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AZ Inc. purchased Equipment on January 1 for $400,000. This equipment is depreciated using the straight line method with a salvage value of 10,000 and a four year estimated useful life. YOUMUSTSHOW YOUR WORK, WHERE APPLICABLE, TORECEIVECREDIT. a. How much depreciation expense would be reported the first year? b. What is the total accumulated depreciation on Equipment at the end of year 3 ? c. What is the book value of the Equipment at the end of year 3 ? d. Show the Balance Sheet Presentation, including the section title, for Equipment at the end of vear 3

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