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Equipment acquired at the beginning of the year at a cost of $151,800 has an estimated residual value of $5,800 and an estimated useful life
Equipment acquired at the beginning of the year at a cost of $151,800 has an estimated residual value of $5,800 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost $ (b) The straight-line rate % (c) The annual straight-line depreciation $
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