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Turtle Co. purchased equipment on January 2,2013 for $50,000. the equipment had an estimated five-year service life with an expected salvage value of $0. turtles
Turtle Co. purchased equipment on January 2,2013 for $50,000. the equipment had an estimated five-year service life with an expected salvage value of $0. turtles policy for five-yearassets is to use the double-declining balance depreciation method for teh first two years of teh assts life and then switch to the straight line depreciation method. In its December 31, 2015, balance sheet what amount should turtle report as accumulated depreciations for equipment?
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