Business, 07.11.2019 21:31 zoeatlowapple

On january 2, 2019, kaiman corporation acquired equipment for $ 700,000. the estimated life of the equipment is 5 years or 50,000 hours. the estimated residual value is $ 10,000. what is the balance in accumulated depreciation on december 31, 2020, if kaiman corporation uses the straightminusline method of depreciation?

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On january 2, 2019, kaiman corporation acquired equipment for $ 700,000. the estimated life of the e...

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