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A construction company purchased a new bulldozer for $90,000 on January 1, 2011. The company estimates that the bulldozer will have a useful life of
A construction company purchased a new bulldozer for $90,000 on January 1, 2011. The company estimates that the bulldozer will have a useful life of nine years and then be worthless. Using straight-line depreciation method, yearly depreciation expense will be: Please show your calculation. a) $10,000 b)$ 45,000 c) $90,000 d) $0
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