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Knnsas Enterprises purchased equlpment for 572,500 on Januery 1,2024 , The equipment is expected to...

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Accounting

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Knnsas Enterprises purchased equlpment for 572,500 on Januery 1,2024 , The equipment is expected to have a fiveyear service life. with a residual value of $8,250 at the end of five years. Using the straight-ine method, deprecibtion expense for 2024 would be: Mittepis Choice 512 18\% 516350. 520000 514,500

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