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Equipment was purchased on January 1 for $39,000 with an estimated residual value of $3,000 at the end of its useful life. Th

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Answer #1
38) useful life
(39000-3000)/4000
9 years
out of 9 years expired is 3 years as (4000*3= 12000 accumulated dep)
so remaining useful life is 6 years
Answer) option d
6 years
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