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equipment with a cost of 225,000 has an estimated salvage value of 15,000 and an estimated life of 4 years or 10,000 hours, It is

equipment with a cost of 225,000 has an estimated salvage value of 15,000 and an estimated life of 4 years or 10,000 hours, It is to be depreciated by the straightline method. What is the amount of depreciation for the first full year, during which the equipment was used for 2700 hours?

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