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13 Mark this question PURCHASE PRICE OF MACHINERY $75,000 USEFUL LIFE 10 years RESIDUAL VALUE $2,000 Based on the information above, which of the following

13 Mark this question PURCHASE PRICE OF MACHINERY $75,000 USEFUL LIFE 10 years RESIDUAL VALUE $2,000 Based on the information above, which of the following is the straight line depreciation of the equipment? O $7,700 O $7,300 O $7,500 $7,000

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