Voltage Industries, a calendar-year company purchases equipment for $85,000 on January 2nd 2022. The equipment's...
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Voltage Industries, a calendar-year company purchases equipment for $85,000 on January 2nd 2022. The equipment's expected useful life is five years, and the expected salvage value of the equipment is $5,000. What is the book value of the equipment on December 31, 2023, it Voltage uses the double-declining-balance method? $34,000 O $51.000 $30,600 O $54.400
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