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Depreciation Calculation - Starbucks Corporation Starbucks Corporation purchased new coffee machines for $60,000 on January 1, 2022. The machines have an estimated useful life of

Depreciation Calculation - Starbucks Corporation

Starbucks Corporation purchased new coffee machines for $60,000 on January 1, 2022. The machines have an estimated useful life of 5 years and no salvage value. They use the straight-line method for depreciation.

Calculate the annual depreciation expense for the years 2022, 2023, and 2024 for Starbucks Corporation.

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