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7 (10 points) Flavors 'R Us provides flavorings to the food industry. They are purchasing a new emulsifier for $237,000. The company is using a

7 (10 points) Flavors 'R Us provides flavorings to the food industry. They are purchasing a new emulsifier for $237,000. The company is using a service life of 7 years and a salvage value of $17,000. What is the annual depreciation expense for this piece of equipment? Your

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