Kansas Enterprises purchased equipment for $73,000 on January 1,2018. The equipment is expected to have...
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Accounting
Kansas Enterprises purchased equipment for $73,000 on January 1,2018. The equipment is expected to have a five-year life, with a residual value of $7,800 at the end of five years. Using the straight-line method, depreciation expense for 2019 and the book value at December 31, 2019 would be: $14,600 and $36,000. $13040 and $46,920. $13,040 and $39,120. O $14,600 and $43.800
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