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zoey buys a piece of equipment for 20,000. she expects to use it for 5years, then sell it for $5000. 1.if zoey uses straight-line depreciation
zoey buys a piece of equipment for 20,000. she expects to use it for 5years, then sell it for $5000.
1.if zoey uses straight-line depreciation method, how much depreciation expense should she record during the first year
2.how much accumulated depreciation does zoey have after her second year
3. what is the equipments book balue at the end of the second year
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