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14 Land is not depreciated because it o is not an operating asset. o is an intangible asset. O appreciates in value. o has a

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14 Land is not depreciated because it o is not an operating asset. o is an intangible asset. O appreciates in value. o has a useful life that is limited to the period of time a company is in business. will provide future benefits for a company for an unlimited period of time

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