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Business, 24.04.2020 18:58 junahsisney

Kansas Enterprises purchased equipment for $73,000 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $7,350 at the end of five years. Using the straight-line method, depreciation expense for 2022 and the book value at December 31, 2022, would be:

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