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30. The Ben Cate has recently purchased new equipment. The equipment cost $75,000 and has a useful life of 15 years. Bon estimates that he

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30. The Ben Cate has recently purchased new equipment. The equipment cost $75,000 and has a useful life of 15 years. Bon estimates that he will be able to sell the equipment at the end of its useful life for $3.000. Required: Calculate the annual depreciation that would occur using the straight-line depreciation method

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