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utter Enterprises purchased equipment for $54,000 on January 1, 2024. The equipment is expected to have a five-year life and a residual value of $5,700.

utter Enterprises purchased equipment for $54,000 on January 1, 2024. The equipment is expected to have a five-year life and a residual value of $5,700. Using the straight-line method, depreciation for 2024 would be: Multiple Choice $9,660. $10,800. $54,000. None of the other answer choices are correct

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