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Problem 21 Part 1 Bugs B. is planning to buy a new furniture set for his house. The new furniture set costs $10,000. After 5
Problem 21 Part 1 Bugs B. is planning to buy a new furniture set for his house. The new furniture set costs $10,000. After 5 years, the furniture set is expected to have a salvage value of $778. Instructions: Calculate the straight-line depreciation charge for year 3 and enter in the space below the amount Note: Enter the answer in the format 1234.00 (using absolute values only, don't worry about negative values), without commas, or any symbol les. $. +
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