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Building cost 4000000$, its useful life is 40 years, Personal property costs 320,000$, its useful life is 5 years, Parking lot costs 600,000, its useful
Building cost 4000000$, its useful life is 40 years, Personal property costs 320,000$, its useful life is 5 years, Parking lot costs 600,000, its useful life 10 years. Compute the depreciation expense under straight line method.
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