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A business buys a car which costs $15,000. This price includes $500 for insurance and $60 for road tax. The business's name was painted on

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A business buys a car which costs $15,000. This price includes $500 for insurance and $60 for road tax. The business's name was painted on the side of the car at an additional cost of $160. The car is expected to be in use for 5 years, after which time it will have an estimated value of $4,600. What is the annual depreciation if the straight line method is used

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