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Cathy Company's depreciation on the company building for 2021 was $100,000. 40% of the building was devoted to production activities; the remaining 60% was used
Cathy Company's depreciation on the company building for 2021 was $100,000. 40% of the building was devoted to production activities; the remaining 60% was used for selling and administrative activities. What amount of "depreciation expense" should Cathy report on its 2021 income statement? $100,000 $60,000 $40,000 $0
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