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Wildhorse Company purchased equipment on January 1, 2025 for $117,000. It is estimated that the equipment will have a $6,500 salvage value at the

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Wildhorse Company purchased equipment on January 1, 2025 for $117,000. It is estimated that the equipment will have a $6,500 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 130,000 units over its 5-year life. Answer the following independent questions. If the company uses the double-declining-balance method of depreciation, what is the balance of the Accumulated Depreciation- Equipment account at December 31, 2027? Accumulated depreciation-equipment

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