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Equipment with a cost of $ 7 7 7 , 0 0 0 has an estimated residual value of $ 7 7 , 0 0
Equipment with a cost of $ has an estimated residual value of $ has an estimated useful life of years, and is depreciated by the straightline method.
a Determine the amount of the annual depreciation.
fill in the blank of $
b Determine the book value after full years of use.
c Assuming that at the start of the year the remaining life is estimated to be years and the residual value is estimated to be $ determine the depreciation expense for each of the remaining years.
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