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Royal View Resort has recently purchased new kitchen appliances for US$ 9 , 7 5 0 ( excluding taxes etc. ) . Sales taxes are

Royal View Resort has recently purchased new kitchen appliances for US$ 9,750(excluding taxes etc.). Sales taxes are 6%, to be added to the overall costs. The kitchen appliances will be depreciated in three years using the straight-line depreciation method. The hotel plans to sell these appliances for $2,000 after 3 years. The book value at the end of the third year is US$ 1,500. Based on this information, the annual depreciation of the kitchen appliances will be:

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