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Revisionof Depreciation Abuildingwithacostof 360,000 has an estimated residual value of 144,000, hasanestimateduse fullifeof18years, andisdepreciatedbythestraight- linemethod.a.Whatistheamountoftheannual depreciation? b. What is the book value at the end
Revisionof Depreciation Abuildingwithacostof 360,000 has an estimated residual value of 144,000, hasanestimateduse fullifeof18years, andisdepreciatedbythestraight- linemethod.a.Whatistheamountoftheannual depreciation? b. What is the book value at the end of the tenth year of use? c.If att hestartoftheel eventhy earitisestimatedt hattheremaininglifeis10year sandt hattheresidual valueis100,000, what is the depreciation expense for each of the remaining 10 years
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