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Business, 28.02.2020 20:03 kaylabjoyner4023

Equipment with a cost of $390,000 and estimated residual value of $60,000 is expected to have a useful life of 30,000 hours. During May, the equipment was operated 700 hours. What amount should be recorded as depreciation expense for the month? a. $8,400.b. $7,700.c. $7,700.d. $9,100.e. $7,000.

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