What would be the accumulated depreciation balance at the end of year 5 for a piece of equipment using the straight-line method when the cost is $12,000, residual value is $1,300, and the expected life is 11 years? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

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The Answer of What would be the accumulated depreciation balance at the end of year 5 for a piece of equipment using the straight-line method when the cost is $12,000, residual value is $1,300, and the expected life is 11 years? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

What Would Be the Accumulated Depreciation Balance at the End