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Confused when using depreciation formula, not getting any of the answers that are given. Explanation would be helpful! On January 1, 201B, Orangewood Industries bought

Confused when using depreciation formula, not getting any of the answers that are given. Explanation would be helpful!

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On January 1, 201B, Orangewood Industries bought a new cash register for $7,500. Ora ngewood plans to use the cash register for 4 years and then sell it for $600. If Orangewood uses straight-line depreciation, depreciation expense for the year ended December 31, 2018 equals: Multiple Choice 0 $1,?25. $5,625. $5375. 0 O $1 .8?5. O

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