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Shoe-production equipment is purchased on January 1, 2020. The relevant data is as follows: Equipment Cost $10,000 Estimated residual value -1,560 Accounting periods 5 years

Shoe-production equipment is purchased on January 1, 2020. The relevant data is as follows:

Equipment Cost $10,000

Estimated residual value -1,560

Accounting periods 5 years

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