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Straight-Line Depreciation A refrigerator used by a wholesale warehouse has a cost of $99,600, an estimated residual value of $6,100, and an estimated useful

Straight-Line Depreciation A refrigerator used by a wholesale warehouse has a cost of $99,600, an estimated residual value of $6,100, and an estimated useful life of 10 years. What is the amount of the annual depreciation computed by the straight-line method?

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