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Question 25 (5 points) SportsWorld purchased equipment costing $10,000. The equipment has a residual value of $1,000, and an estimated useful life of 5 years.

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Question 25 (5 points) SportsWorld purchased equipment costing $10,000. The equipment has a residual value of $1,000, and an estimated useful life of 5 years. Calculate annual depreciation using the straight-line method. b od $2,000 $1,750 $1,450 $1,800 $4,000 Review Answers Back Time left for this assessment: 47:51 | Term Support | Schoology Blo

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