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Cost of leasing commercial space: $1,500 per month. Cost of new equipment: $15,000, purchased with a long-term note. Use straight line depreciation assuming a seven-year

Cost of leasing commercial space: $1,500 per month. Cost of new equipment: $15,000, purchased with a long-term note. Use straight line depreciation assuming a seven-year life, no residual value. Use f...

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