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A firm buys equipment for $400. The salvage value is expected to be $0, and the expected useful life is ten years. If the equipment

A firm buys equipment for $400. The salvage value is expected to be $0, and the expected useful life is ten years. If the equipment is used in manufacturing, the amount of depreciation that is capitalized into WIP inventory (assuming straight line depreciation) during the first year is?

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