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Equipment acquired at the beginning of the year at a cost of $340,000 has an estimated residual value of $45,000 and an estimated useful ife

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Equipment acquired at the beginning of the year at a cost of $340,000 has an estimated residual value of $45,000 and an estimated useful ife of 10 years. Determine the following. Round your answer for the straight-line rate to one decimal place, if necessary

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