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What ayayai uses straight-line depreciation

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Problem 1: In 2017, Ayayai Corporation discovered that equipment purchased on January 1, 2015, for $61,000 was expensed at that time. The equipment should have been depreciated over 5 years, with no salvage value. The effective tax rate is 30%. Ayayai uses straight-line depreciation.

Reference no: EM132687251

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