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acg8a - 3 $209,000 4 Since depreciation is a non-cash...

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True/False 1. T 2. F 3. T 4. F 5. F 6. T 7. T 8. F 9. F 10. F 11. F 12. F Multiple Choice 1. B 2. A 3. A 4. B 5. B 6. C 7. C 8. C 9. D 10. A 11. D Problems 1. 1)b 2)c 3)c 4)d 5)d 6)d 7)d 8)e 9)d 10)e 11)a 12)e 13)b 14)b 15)e 16)a 17)a 18)a 19)a 20)c 2. a)FA b)IA c)IA d)IA e)N f)FA g)FA
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Unformatted text preview: 3. $209,000 4. Since depreciation is a non-cash expense, this statement is not valid. 5. $6000/year 6. Year 1- $8000 Year 2- $5333 Year 3- $3556 Year 4- $2370 Year 5- $1580 Year 6- $161...
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