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A building acquired at the beginning of the year at a cost of $89,400 has an estimated residual value of $3,400 and an estimated useful

image text in transcribed A building acquired at the beginning of the year at a cost of $89,400 has an estimated residual value of $3,400 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost $ (b) The straight-line rate % (c) The annual straight-line depreciation $

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