engineeringlife2279 engineeringlife2279

16-11-2022
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 double-declining-balance method, depreciation for 2024 and the book value on december 31, 2024, would be:

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