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Straight-line depreciation A refrigerator used by a wholesale warehouse has a cost of $83,700, an estimated residual value of $6,900, and an estimated useful

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Straight-line depreciation A refrigerator used by a wholesale warehouse has a cost of $83,700, an estimated residual value of $6,900, and an estimated useful life of 8 years. What is the amount of the annual depreciation computed by the straight-line method?

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