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Computer equipment was acquired at the beginning of the year at a cost of $ 7 6 , 0 0 0 that has an estimated
Computer equipment was acquired at the beginning of the year at a cost of $ that has an estimated residual value of $ and an estimated useful life of five years. Determine the a depreciable cost, b straightline rate, and c annual straightline depreciation.
a Depreciable cost $
b Straightline rate
c Annual straightline depreciation $
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
