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Question 4 5 pts Mitchell Corporation bought equipment on January 1, 2014 The equipment cost $180,000 and had an expected salvage value of $30,000. The

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Question 4 5 pts Mitchell Corporation bought equipment on January 1, 2014 The equipment cost $180,000 and had an expected salvage value of $30,000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is O $150.000 $30.000 $180,000 $25.000 5 pts Question 5 A company sells a plant asset that originally cost $225.000 for $75,000 on December 31. HAN

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