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Company purchased an equipment costing 1,000,000 last June 30,2017. It has a net book value of 475,000 on December 31, 2020. However, due to the
Company purchased an equipment costing 1,000,000 last June 30,2017. It has a net book value of 475,000 on December 31, 2020. However, due to the turnover of the accountant, only the salvage value was known to be 100,000. The rest of datawa was lost.
what is the annual depreciation of equipment?
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