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Sheridan Company constructed a building at a cost of $13700000. Weighted-average accumulated expenditures were $5510000, actual interest was $550000, and avoidable interest was $282000. If

Sheridan Company constructed a building at a cost of $13700000. Weighted-average accumulated expenditures were $5510000, actual interest was $550000, and avoidable interest was $282000. If the salvage value is $1060000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is

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