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Summer's fitness studio purchases multiple stationary bikes for her cycle room. The bikes are expected to have a useful life of 5 years, with a

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Summer's fitness studio purchases multiple stationary bikes for her cycle room. The bikes are expected to have a useful life of 5 years, with a $3,000 salvage value. The bikes were $150,000 and Summer uses straight line depreciation. What is the accumulated depreciation for these bikes in year 4? O $120,600 $88,200 $32,400 $117,600

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