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Business, 15.11.2019 03:31 abdullahs4639

Bates company purchased equipment on january 1, 2006, at a total invoice cost of $600,000. the equipment has an estimated salvage value of $15,000 and an estimated useful life of 5 years. what is the amount of accumulated depreciation at december 31, 2007, if the straight-line method of depreciation is used?
a. $120,000
b. $240,000
c. $117,000
d. $234,000

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Bates company purchased equipment on january 1, 2006, at a total invoice cost of $600,000. the equip...
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