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A building acquired at the beginning of the year at a cost of $92,600 has an estimated residual value of $3,600 and an estimated

A building acquired at the beginning of the year at a cost of $92,600 has an estimated residual value of $3,600 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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