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Laco Company acquired its factory building about 2 0 years ago. For several years, the company has rented out a small, unused part of the
Laco Company acquired its factory building about years ago. For several years, the company has rented out a small, unused part of the building. The renter's lease will expire soon. Rather than renewing the lease, Laco Company is considering using the space itself to manufacture a new product. Under this option, the unused space will continue to be depreciated on a straightline basis, as in past years.
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