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Assuming the straight line depreciation method is used, what annual deduction can be taken for a $10,000 piece of equipment depreciated over 5 years with
Assuming the straight line depreciation method is used, what annual deduction can be taken for a $10,000 piece of equipment depreciated over 5 years with no salvage value?
$50,000 | ||
$10,000 | ||
$2,000 | ||
$500 |
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