Question 14 4A pts The balance sheet of Company A reveals the following: Equipment (eight-year...
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Question 14 4A pts The balance sheet of Company A reveals the following: Equipment (eight-year expected life) Less: Accumulated Depreciation Book Value $80,000 165.000 $15.000 From the above information, the following conclusion could be drawn a. The fair market value of Company A's equipment is $15,000. O b. $65,000 has been recognized as expense since the equipment was acquired Oc. The company has set aside $65,000 in cash to purchase new equipment when the present equipment is fully depreciated O d. Depreciation expense for the current year is $65.000 44 pts
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