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1. An engineering design firm considering the purchase of computer workstations for $90,000. The installation cost is $8,000. The expected life of the system is

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1. An engineering design firm considering the purchase of computer workstations for $90,000. The installation cost is $8,000. The expected life of the system is 10 years, when it will have a salvage value of $18,000. Using straight- line depreciation. Calculate the annual depreciation during the 10 years and the book values

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