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Question 7 of 20 Sunland Technology purchased equipment on January 4, 2019, for $250,210, The equipment had an estimated useful life of 8 years and

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Question 7 of 20 Sunland Technology purchased equipment on January 4, 2019, for $250,210, The equipment had an estimated useful life of 8 years and a residual value of $9.410. The company has a December 31 year end and uses straight-line depreciation. On December 31, 2021, the company tests for impairment and determines that the equipment's recoverable amount is $94.980. Your answer has been saved. See score details after the due date, Calculate the equipment's carrying amount at December 31, 2021 (after recording the annual depreciation), 160157 arrying amount Dec 31, 2021 $ Attempts used G C ASUS b) Record the impairment loss. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Date Dec. 31 (To record impairment loss.) Attempts:0 of 1 used Submit Answ Save for Later O search ASUS POD Up FXZ Home End 110 Fin

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