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QUESTION 23 15 points On January 1, 2010. Lindor. Ina purchased equipment having a cost of $85.000 cash Lindor estimate the equipment has a votul

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QUESTION 23 15 points On January 1, 2010. Lindor. Ina purchased equipment having a cost of $85.000 cash Lindor estimate the equipment has a votul life of 10 years and a value of $15.000 do depreciates the equipment using the double-declining balance method On January 1, 2021. Lindor sold the equipment for $60,000, cash Required: A Determine 2010 depreciation expense on the equipment. B Datormino 2020 depreciation expense on the equipment Record 2020's depreciation expense using the horizontal financial statements model. Be sure to devity the specific accounts affected by the transaction D. Record the January 1, 2021 sale of the equipment using the horizontal financial statemente model. Be sure to identify the specific accounts affected by the traction

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