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Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The

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Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 60000 Useful life in years = 5 Residual value = 0 Date purchased = August 1, 2021 Date of disposal - April 30, 2023 Cash received on disposal = 32000

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