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Question - Win Trading purchased equipment for RM72,000 on January 1, 2019. The equipment is expected to have a five-year life, with an estimated disposal value of RM6,000 at the end of five years. Using the straight-line method, compute the depreciation expense for 2019?
a. RM13,200.
b. RM14,400.
c. RM72,000.
d. RM6,000.
What would be the correct balance of this account at the end of the year
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