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QUESTION 30 Tracie's Trikes Inc purchased a new air compressor for $1.850 on January 1, 2019. Freight and delivery costs are $75. Annual maintenance and

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QUESTION 30 Tracie's Trikes Inc purchased a new air compressor for $1.850 on January 1, 2019. Freight and delivery costs are $75. Annual maintenance and repair costs are $50 per year and will keep the compressor in good operating condition over its useful life of 5 years. What amount should Trade's Trikes record for 2019 for the total cost of the compressor a $2.175 b. 51.925 51350 d. 51.735 QUESTION 31 The accumulated depreciation of a depreciable asset can never be less than its residual value e True False 132 Trend data is only measured in percentage True Tale

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