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Straight - Line Depreciation Method: Office Mart purchases a photocopier for $ 7 0 , 0 0 0 . The photocopier has a salvage value

Straight-Line Depreciation Method: Office Mart purchases a photocopier for $70,000. The photocopier has a salvage value of $7,000 and has expected life of seven years. Office Mart uses the straight-line depreciation method.
Calculate the annual depreciation expense.
What is the year one book value?
What is the year three book value?
What is the year six accumulated depreciation?

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