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The Carroll Company purchased a new storage facility on August 1st for $17,040 and expects to use it for 8 years at which time it

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The Carroll Company purchased a new storage facility on August 1st for $17,040 and expects to use it for 8 years at which time it can be sold for an estimated $1,200. How much depreciation expense would be recorded in the company's calendar year-end financial statements

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