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Scenario 36: Depreciation Calculation - Walmart Inc. Walmart Inc. acquired new shelving units for $60,000 on January 1, 2020. The shelving units have an estimated

Scenario 36: Depreciation Calculation - Walmart Inc.

Walmart Inc. acquired new shelving units for $60,000 on January 1, 2020. The shelving units have an estimated useful life of 8 years and no salvage value. They use the straight-line method for depreciation.

Calculate the annual depreciation expense for the years 2020, 2021, and 2022 for Walmart Inc.

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