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Compute the Depreciation Expense for the Year ended Dec-31-2016 on Equipment that was purchased on Sept-10-2015 for $120,000 and is expected to last 10 Years.

Compute the Depreciation Expense for the Year ended Dec-31-2016 on Equipment that was purchased on Sept-10-2015 for $120,000 and is expected to last 10 Years.

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