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Equipment with a cost of $357000 has an estimated salvage value of $17000 and an estimated life of 4 years or 10000 hours. It is

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Equipment with a cost of $357000 has an estimated salvage value of $17000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 2000 hours? $89250 O $85000 O $86750. O $68000

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