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Multiple Choice Question 94 Equipment with a cost of $316000 has an estimated salvage value of $16000 and an estimated life of 4 years or

Multiple Choice Question 94 Equipment with a cost of $316000 has an estimated salvage value of $16000 and an estimated life of 4 years or 10000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 2000 hours? $76500. $79000. $60000. $75000

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