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What Would Be the Accumulated Depreciation at the End of Year

Question 34

Multiple Choice

What would be the accumulated depreciation at the end of year 6 for a piece of equipment using the straight-line method when the cost is $11,000,residual value is $1,000,and the expected life is 10 years?


A) $6,600
B) $6,000
C) $1,000
D) $3,000

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