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a Equipment was purchased for $92200 on January 1, 2021. Freight charges amounted to $2600 and there was a cost of $1000
Posted: Thu May 19, 2022 12:23 pm
by answerhappygod
- A Equipment Was Purchased For 92200 On January 1 2021 Freight Charges Amounted To 2600 And There Was A Cost Of 1000 1 (82.19 KiB) Viewed 54 times
a Equipment was purchased for $92200 on January 1, 2021. Freight charges amounted to $2600 and there was a cost of $10000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $22000 salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? $33120. $16560. $28640. O $15920.