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Business, 26.12.2019 06:31 makaylajones74pdxtrk
Sargent corporation bought equipment on january 1, 2021. the equipment cost $360,000 and had an expected salvage value of $60,000. the life of the equipment was estimated to be 6 years. the depreciation expense using the straight-line method of depreciation is
a. $70,000.
b. $72,000.
c. $50,000.
d. none of these answer choices are correct.
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Answers: 2
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Sargent corporation bought equipment on january 1, 2021. the equipment cost $360,000 and had an expe...
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