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Business, 22.07.2019 19:30 g23liyah01

Zest co. owns 100% of cinn, inc. on january 2, 2019, zest sold equipment with an original cost of $80,000 and a carrying amount of $48,000 to cinn for $72,000. zest had been depreciating the equipment over a five-year period using straight-line depreciation with no residual value. cinn is using straight-line depreciation over three years with no residual value. in zest's december 31, 2019, consolidating worksheet, by what amount should depreciation expense be decreased?

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Zest co. owns 100% of cinn, inc. on january 2, 2019, zest sold equipment with an original cost of $8...
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