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The Carlile Corporation purchased some equipment on June 1, 2017 for $53,240 that it expects will be useful for six years at which time it

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The Carlile Corporation purchased some equipment on June 1, 2017 for $53,240 that it expects will be useful for six years at which time it could be sold for $5,000. Use that data above to answer each question below; as needed, round final answers to the nearest whole dollar. Question 1 0/2 pts What amount of depreciation expense would the company report in its 2017 financial statements? 8,040

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