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Marvel Corp. buys an automobile at $18,000 list price and $2,000 customs duty. Marvel estimates to use it in next five years, after five years
Marvel Corp. buys an automobile at $18,000 list price and $2,000 customs duty. Marvel estimates to use it in next five years, after five years the vehicle's value estimated as $4,000. According to straight line method the vehicle's depreciation expense per year will be: *
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