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Computer equipment was acquired at the beginning of the year at a cost of $66,018.00. The computer equipment has an estimated residual value of $3,307.00
Computer equipment was acquired at the beginning of the year at a cost of $66,018.00. The computer equipment has an estimated residual value of $3,307.00 and an estimated useful life of 7 years. Determine the 2nd year's depreciation using straight-line depreciation.
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