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POSSIBLE POINTS: 1 JoyCo acquired equipment on April 1, 2022, at a cost of $90,000 and with an estimated useful life of 10 years. The

POSSIBLE POINTS: 1 JoyCo acquired equipment on April 1, 2022, at a cost of $90,000 and with an estimated useful life of 10 years. The machine as a residual value of $10.000. JoyCo uses the double declining balance method of depreciation. How much depreciation should be recorded by Joy to the year ended December 31, 2022? S8000 59000 510000 $13500

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