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Equipment with a cost of $750,400 has an estimated residual value of $80,400, has an estimated useful life of 25 years, and is depreciated by

Equipment with a cost of $750,400 has an estimated residual value of $80,400, has an estimated useful life of 25 years, and is depreciated by the straight-line method. Determine the amount of tge annual depreciation. Determine the book value after 15 full years of use.

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