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6-2 Cost basis = $550,000; recovery period-10 years; salvage value = $25,000 a. Using the straight line method, what is the annual depreciation? b. What

6-2 Cost basis = $550,000; recovery period-10 years; salvage value = $25,000 a. Using the straight line method, what is the annual depreciation? b. What is the book value at the end of the recovery period

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