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On 7/1/20xx, Student Union Corporation purchased a building for $4,000,000 by signing a 17-year note payable. If Student Union Corp use straight line depreciation to

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On 7/1/20xx, Student Union Corporation purchased a building for $4,000,000 by signing a 17-year note payable. If Student Union Corp use straight line depreciation to calculate depreciation expense and the building has a useful of 10 years, what is the amount of depreciation expense that will be recorded by the end of the year on 12/31/20xx? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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