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A firm recently constructed a new facility at a cost of $ 1 0 million. Weighted - average accumulated expenditures for the facility were $
A firm recently constructed a new facility at a cost of $ million. Weightedaverage accumulated expenditures for the facility were $ million, actual interest was $ and avoidable interest was $ If the useful life of the facility is years and the expected salvage value is $ then what is the firm's depreciation expense for the first full year? Assume the firm is using straightline depreciation.
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