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Concord Corporation constructed a building at a cost of $13650000. Weighted-average accumulated expenditures were $5600000, actual interest was $562000, and avoidable interest was $272000. If

Concord Corporation constructed a building at a cost of $13650000. Weighted-average accumulated expenditures were $5600000, actual interest was $562000, and avoidable interest was $272000. If the salvage value is $1150000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is

459300

319300

348050

326100

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