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Purchase price 18,000 sale price 1000 book value $900 tax rate 30% useful life 5 years what is value of depreciation each year? A. 1260

Purchase price 18,000 sale price 1000 book value $900 tax rate 30% useful life 5 years what is value of depreciation each year?

A. 1260

B. 3400

C. 3200

D. 3600

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