Business, 08.07.2021 15:30 paulitaaustin

On January 1, Able Company purchased equipment costing $135,000 with an estimated salvage value of $10,500, and an estimated useful life of five years. Using the straight-line method, what is the amount that should be recorded as depreciation on December 31? a. $135,000
b. $24.900
c. $124,500
d. $27,000

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