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Question 10 (0.5 points) On April 2, 2009, Victor, Inc. acquired a new piece of filtering equipment. The cost of the equipment was $160,000 with

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Question 10 (0.5 points) On April 2, 2009, Victor, Inc. acquired a new piece of filtering equipment. The cost of the equipment was $160,000 with a residual value of $20,000 at the end of its estimated useful lifetime of 4 years. Refer to the previous sentence. Assume that in its financial statements, Victor uses straight-line depreciation and the half-year convention. Depreciation recognized on this equipment in 2009 and 2010 will be: O $40,000 in 2009 and $30,000 in 2010. $23,333 in 2009 and $30,000 in 2010. $17,500 in 2009 and $35,000 in 2010. $20,000 in 2009 and $35,000 in 2010

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