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Business, 22.07.2019 02:30 mfkinnatz

On june 1, michael company purchased equipment at a cost of $120,000 that has a depreciable cost of $90,000 and an estimated useful life of 3 years or 30,000 hours. using straight-line depreciation, calculate depreciation expense for the second year. a. $17,500 b. $30,000 c. $40,000 d. $12,500

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