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ABC Company provides the following information: Cost of the equipment: $5,000, Salvage value: $500, Useful life of Equipment: 10 years. Under straight line method, the

ABC Company provides the following information: Cost of the equipment: $5,000, Salvage value: $500, Useful life of Equipment: 10 years. Under straight line method, the yearlydepreciationcharge is:

Select one:

a. $450

b. $50

c. $550

d. $500

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