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Presented below is intormation for equipment owned by Flounder Company at December 31, 2025: Assume that Flounder will continue to use this asset in the

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Presented below is intormation for equipment owned by Flounder Company at December 31, 2025: Assume that Flounder will continue to use this asset in the future. As of December 31, 2025, the equipment has a remaining usefuilite of 4 years: Prepare the journal entry to record depreciation expense for 2026. (Credit account titles are automatically indented when the amount Bs entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List debit entry before credlt entryd

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