=+EX 10-9 Straight-line depreciation obj. 2 $3,350 A refrigerator used by a meat processor has a
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=+EX 10-9 Straight-line depreciation obj. 2
✔ $3,350 A refrigerator used by a meat processor has a cost of $93,750, an estimated residual value of $10,000, and an estimated useful life of 25 years. What is the amount of the annual depreciation computed by the straight-line method?
474 Chapter 10 Fixed Assets and Intangible Assets
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