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ABC Limited applied the straight-line method of depreciation to its non-current assets. The cost of the buildings was $23000, the residual value is $3000 and

ABC Limited applied the straight-line method of depreciation to its non-current assets. The cost of the buildings was $23000, the residual value is $3000 and the useful life is 10 years. The annual depreciation expense is .... Choose the correct answer a. $23000 b. $300 c. $2000 d. $2300

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