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A company purchased a building for $150,000. The building has a useful life of 25 years and a salvage value of $15,000. Calculate the yearly
A company purchased a building for $150,000. The building has a useful life of 25 years and a salvage value of $15,000. Calculate the yearly depreciation expense using the sum-of-years-digits method. Additionally, determine the book value of the building at the end of the tenth year.
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