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Joseph Jewelers Purchased Display Shelves on March 1 for $36,000

Question 15

Multiple Choice

Joseph Jewelers purchased display shelves on March 1 for $36,000. If this asset has an estimated useful life of five years, what is the book value of the display shelves on April 30?


A) $600.
B) $34,800.
C) $33,600.
D) $900.

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