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Company: Apple Inc. Equipment Cost: $500,000 Useful Life: 5 years Salvage Value: $50,000 Calculate the depreciation expense for each year using the straight-line method, and

Company: Apple Inc.

  • Equipment Cost: $500,000
  • Useful Life: 5 years
  • Salvage Value: $50,000

Calculate the depreciation expense for each year using the straight-line method, and present the results in a table format.

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