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If an asset has a first cost of $50,000 with a $10,000 estimated salvage value after 5 years,( a ) calculate the annual depreciation and
If an asset has a first cost of $50,000 with a $10,000 estimated salvage value after 5 years,(
a ) calculate the annual depreciation and ( b ) calculate and plot the book value of the asset after each year, using straight line depreciation.
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