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plse help Connie's Convenience Store purchased a new secure cigarette storage cabinet in the current year for $8,000. The store expects to use it for

plse help
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Connie's Convenience Store purchased a new secure cigarette storage cabinet in the current year for $8,000. The store expects to use it for 10 years and then replace it with a new one, selling the old one for $2,000. Required Using the straight-line depreciation method, calculate the annual depreciation expense

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