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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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