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Question
mitchell corporation bought equipment on january 1, 2012 .the equipment cost $120,000 and had an expected salvage value of $20,000. the life of the equipment was estimated to be 6 years. the depreciable cost of the equipment is
a.$120,000
b.$100,000
c.$20,000
d.$16,667
Answer
This answer is hidden. It contains 1 characters.
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