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Computer Equipment Was Acquired at the Beginning of the Year

Question 127

Multiple Choice

Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years.Determine the second-year depreciation using the straight- line method.


A) $13,200
B) $19,200
C) $9,000
D) $9,600

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