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Based upon the following information for a piece of equipment, using the straight - line depreciation method, calculate the Annual Depreciation, Accumulated Depreciation, and Book

Based upon the following information for a piece of equipment, using the straight-line depreciation method, calculate the Annual Depreciation, Accumulated Depreciation, and Book Value of the asset each year of its useful life.
Original Cost: $15,000
Salvage Value: $2,500
Estimated Useful Life: 4 years
Purchased: January 1,2022
Year Annual Depreciation Accumulated Depreciation Book Value

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