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Moen owns two buildings. The office building and the factory building were both built 10 years ago at a cost of $60,000 and $120,000, respectively.
Moen owns two buildings. The office building and the factory building were both built 10 years ago at a cost of $60,000 and $120,000, respectively. At that time, each was expected to have a life of 30 years and a residual value of 10% of original cost. They are being depreciated on a straight-line basis. What is the depreciated amount
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