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What is the balance in accumulated depreciation on december?

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Problem : On January? 2, 2019, Kaiman Corporation acquired equipment for $ 600000. The estimated life of the equipment is 5 years or 80000hours. The estimated residual value is $ 50000.

Question problem 1: What is the balance in Accumulated Depreciation on December? 31, 2020, if Kaiman Corporation uses the straight-line method of? depreciation?

Reference no: EM132467026

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