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Compute the depreciation expense for the year ended December 31, 2018. Ivanhoe elected to depreciate the building on a straight-line basis and determined that the

Compute the depreciation expense for the year ended December 31, 2018. Ivanhoe elected to depreciate the building on a straight-line basis and determined that the asset has a useful life of 30 years and a salvage value of $297,000.

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