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On October 27, The Coffee Shop purchases a new computer system. The system was $1,200 and also required a $400 installation fee. The company expects

On October 27, The Coffee Shop purchases a new computer system. The system was $1,200 and also required a $400 installation fee. The company expects to use the system for 12 years, with a $200 scrap value. If the company uses the straight-line method to record depreciation, determine the following

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