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Calculate the total cost, total depreciation, and annual depreciation for the following asset by using the straight-line method. Round answers to the nearest cent when
Calculate the total cost, total depreciation, and annual depreciation for the following asset by using the straight-line method.
Round answers to the nearest cent when necessary.
| Estimated | |||||||
| Shipping | Setup | Total | Salvage | Useful Life | Total | Annual | |
| Cost | Charges | Charges | Cost | Value | (years) | Depreciation | Depreciation |
| $770,000 | $0 | $12,600 | $ | $90,000 | 17 | $ | $ |
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Investing All In One For Dummies
Authors: Eric Tyson
2nd Edition
1119873037, 978-1119873037
