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8. using the straight-line method, calculate the annual depreciation expense for an asset that cost $25,000 and is expected to be used for 5 years,

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8. using the straight-line method, calculate the annual depreciation expense for an asset that cost $25,000 and is expected to be used for 5 years, with a residual value of 2000. b. 2000.00 c, 2300.00 d. 4600.00

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