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Suppose a company spent $10,000 to purchase a computer. The computer has a useful life of 8 years and a scrap value of $2,000 at
Suppose a company spent $10,000 to purchase a computer. The computer has a useful life of 8 years and a scrap value of $2,000 at the end of 8 years. Suppose the company uses straight-line depreciation.
What is the depreciation expense every year?
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