Business, 30.11.2019 01:31, sofiakeogh1670

Cutter enterprises purchased equipment for $72,000 on january 1, 2011. the equipment is expected to have a five-year life and a residual value of $6,000. using the sum-of-the-years'-digits method, depreciation for 2011 and book value at december 31, 2011 would be: $22,000 and $44,000. $22,000 and $50,000. $24,000 and $48,000. $24,000 and $42,000.

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Cutter enterprises purchased equipment for $72,000 on january 1, 2011. the equipment is expected to...