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Computer equipment was acquired at the beginning of the year at a cost of $57,887.00. The computer equipment has an estimated residual value of $2,010.00

Computer equipment was acquired at the beginning of the year at a cost of $57,887.00. The computer equipment has an estimated residual value of $2,010.00 and an estimated useful life of 4 years. Determine the 2nd year's depreciation using straight-line depreciation. Select the correct answer. $14,471.75 $14,974.25 $13,969.25 $27,938.50

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