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kansas enterprises purchased equipment for 81,500 on January 1,2021. the equipment is expected to have...

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Accounting

kansas enterprises purchased equipment for 81,500 on January 1,2021. the equipment is expected to have a five - year service life, with a residual value of 8,250 at the end of five years. using the double- declining balance method, depreciation expense for 2021 would be

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