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please help On July 1, 2025, Coronado Corporation purchased factory equipment for $286000. The salvage value was estimated to be $8100. The equipment will be
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On July 1, 2025, Coronado Corporation purchased factory equipment for $286000. The salvage value was estimated to be $8100. The equipment will be depreciated over five years using the double-declining balance method. If the year of acquisition is counted as onehalf year, Coronado should record depreciation expense for 2026 on this equipment of $89070. $91520 $114400 $68640 Step by Step Solution
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