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A company purchased factory equipment on June 1, 2022 for $190300. It is estimated that...

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Accounting

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A company purchased factory equipment on June 1, 2022 for $190300. It is estimated that the equipment will have a $17500 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is O $10080 O $7200 O $8640. O $17280

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