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An annual insurance policy was purchased for $36,000 on June 1, 2018 and was fully expensed at that time. All depreciation is straight-line at the
An annual insurance policy was purchased for $36,000 on June 1, 2018 and was fully expensed at that time.
All depreciation is straight-line at the following rates (no capital purchases were made during the year): i) Vehicles - 5 years ii) Equipment - 10 years iii) Computer hardware - 3 years
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