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QUESTION 19 Collin Inc. purchased equipment on November 1, 2018 with a cost of $120,000 has an estimated salvage value of $20,000 and an estimated

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QUESTION 19 Collin Inc. purchased equipment on November 1, 2018 with a cost of $120,000 has an estimated salvage value of $20,000 and an estimated life of 10 years. It is to be depreciated by the straight-line method. What is the amount of depreciation recorded in 2019? When entering you answer, use comma separators but do not use dollar signs

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