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You decide to open a pizza shop. You buy kitchen equipment that costs $50,000 and has a salvage value of $2,000. The equipment has a

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You decide to open a pizza shop. You buy kitchen equipment that costs $50,000 and has a salvage value of $2,000. The equipment has a 5 year useful life. What is the amount of the monthly depreciation entry? $800 $866.66 $833.33 $1,000

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