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c. Determine the depreciation on the building using straight-line depreciation. Assume the useful life of the building is five years and the residual value is

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image text in transcribed c. Determine the depreciation on the building using straight-line depreciation. Assume the useful life of the building is five years and the residual value is $5,000. (Hint: The building was purchased on December 1.) December Unadjusted Trial Balance

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