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Calculate the total cost, total depreciation, and annual depreciation (in $) for the following assets by using the straight-line method. (Round your answers to the
Calculate the total cost, total depreciation, and annual depreciation (in $) for the following assets by using the straight-line method. (Round your answers to the nearest cent.) Shipping Cost Setup Charges Charges $700,000 0 $15,700 $ 715700 Total Cost Salvage Value Estimated Useful Life (years) Total Depreciation $100,000 14 $ Annual Depreciation $ 43978.60
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