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Avatar,Inc

Question 230

Multiple Choice

Avatar,Inc.bought a machine on January 1,2011 for $96,000.The machine is expected to last for 8 years,after which it will be worthless.How much accumulated depreciation will Avatar report at December 31,2012?


A) $96,000
B) $72,000
C) $12,000
D) $24,000

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