On January 2 2015, Konan Corporation acquired equipment for $300,000 The estimated of the equipme…

 
   

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2 questions
Show transcribed image text On January 2 2015, Konan Corporation acquired equipment for $300,000 The estimated of the equipment is 5 years or 40000 hours. The estimated residual valueis$20000 What is the balance in Accumulated Konan Corporation uses the double-dedining-balance method of depreciation? Depreciation on December A $240,000 C. $195,200 OD, $192,000 Cick1o select your answer