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Computer equipment was acquired at the beginning of the year at a cost of $55,400 that has an estimated residual value of $4,600 and an

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Computer equipment was acquired at the beginning of the year at a cost of $55,400 that has an estimated residual value of $4,600 and an estimated useful life of 5 years. a. Determine the depreciable cost. 1 b. Determine the straight-line rate. c. Determine the annual straight-line depreciation

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