Saved Help Save & Exit 5 Kansas Enterprises purchased equipment for $76,500 on January 1,...
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Saved Help Save & Exit 5 Kansas Enterprises purchased equipment for $76,500 on January 1, 2021. The equipment is expected to have a ten-year service ife, with a residus value of $6,750 at the end of ten years. Using the straight-line method, the book value at December 31, 2021, would be: 120 Multiple Choice 362.775. $69.750 $68,850 $69,525
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