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    Intermediate Accounting Study Set 4
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    Exam 11: Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment
  5. Question
    2013 Depreciation: Equipment: $100,000 ÷ 5 Years = $20,000
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2013 Depreciation: Equipment: $100,000 ÷ 5 Years = $20,000

Question 19

Question 19

Essay

2013 depreciation:
Equipment: $100,000 ÷ 5 years = $20,000
Land improvements: $50,000 ÷ 20 years = $2,500

Correct Answer:

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