vickyarroyo6287 vickyarroyo6287
  • 17-12-2022
  • Business
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cutter enterprises purchased equipment for $72,000 on january 1, 2024. the equipment is expected to have a five-year life and a residual value of $6,000. using the straight-line method, depreciation for 2025 and the equipment's book value on december 31, 2025, would be:

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