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SOURCES Question 25 Blossom Company purchased equipment on January 1, 2021 at a total invoice cost of $1300000. The equipment has an estimated salvage value
SOURCES Question 25 Blossom Company purchased equipment on January 1, 2021 at a total invoice cost of $1300000. The equipment has an estimated salvage value of $35000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? O $253000 O $520000 $506000 BONS $260000 Question 26 Windsor, Inc. sells $1600 of merchandise on account to Pina Colada Company with credit terms of 2/14, 1/30. If Pina Colada Company remits a check taking advantage of the discount offered, what is the amount of Pina Colada Company's check? $1376 $1600 $1391 $1568
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