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The accounts of The Tool Bin Inc.at the end of 2014,showed the tools account as follows:
At the end of 2014,the tools were inventoried at "cost in present condition" as $12,500.The amount of the adjusting entry for amortization expense at the end of 2014,assuming the inventory/appraisal system,should be $_________________________.
Credibility
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Colors with low lightness or brightness, often associated with depth, sophistication, or somberness.
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