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Francisco Corporation is constructing a new building at a total initial cost of $10,000. The building is expected to have a useful life of 5
Francisco Corporation is constructing a new building at a total initial cost of $10,000. The building is expected to have a useful life of 5 years with no residual value. Building HVAC system is the 40% of the cost and has a useful life of 2 years. The depreciation in the first year using component depreciation, assuming straightline depreciation with no residual value, is:
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$1,200.
$2,000.
$3,200.
$4,000.
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