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Question 5 Not yet answered Marked out of 4.00 Flag question The company purchased $15,000 of equipment on January 1. The equipment has a three-year

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Question 5 Not yet answered Marked out of 4.00 Flag question The company purchased $15,000 of equipment on January 1. The equipment has a three-year useful life and a $600 salvage value. The company uses the straight-line method of depreciation. What is the balance in accumulated depreciation on March 31? Select one: A. $5,000.00 B. $600.00 C. $1,200.00 D. $1,250.00

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