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Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $79,000 has an estimated residual value of $3,000 and an

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Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $79,000 has an estimated residual value of $3,000 and an estimated usife of 10 years Determine the following: (a) The depreciable cost (6) The straight-line rate (c) The annual straight-line depreciation %

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