Chemistry, 28.11.2019 19:31 NayNay1105
Kansas enterprises purchased equipment for $78,000 on january 1, 2021. the equipment is expected to have a five-year service life, with a residual value of $8,550 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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