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A bottle - capping machine costs $ 4 5 , 0 0 0 , has an estimated life of 5 years, and has a scrap

A bottle-capping machine costs $45,000, has an estimated life of 5 years, and has a scrap value of $10,000. Use the straight-line method to find (a) the annual rate of depreciation, (b) the annual amount of depreciation, and (c) the book value at the end of first year.
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