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An asset having a six - year useful life and a salvage value of $ 3 , 0 0 0 was acquired for $ 2
An asset having a sixyear useful life and a salvage value of $ was acquired for $ cash on January The company estimates the asset will produce units over its useful life. During the year the asset was used to produce units. Using straightline depreciation, what will be the depreciation expense for year of this asset?
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