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Coronado Industries constructed a building at a cost of 30150000. Weighted-acerage accumulated expenditures were $12500000, actual interest was $1230000, and avoidable interest was 604000. If
Coronado Industries constructed a building at a cost of 30150000. Weighted-acerage accumulated expenditures were $12500000, actual interest was $1230000, and avoidable interest was 604000. If the salvage value is 2390000, and useful life is 40 years, depreciation expense for the first full year using the straight line method is 1021600 739850 709100 768850
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