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please do asap 3-You are a managerial accountant in ABC firm, you have been asked to Calculate the annual depreciation for an asset that costs

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3-You are a managerial accountant in ABC firm, you have been asked to Calculate the annual depreciation for an asset that costs $200,000 and it is expected to have a life of five years and have a resale value of $40,000 at the end of that time.?......(3marks)

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