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The company also provides the following disclosure relating to the useful lives of its depreciable assets. Property and Equipment Depreciation and amortization are provided on
The company also provides the following disclosure relating to the useful lives of its depreciable assets. Property and Equipment Depreciation and amortization are provided on a straight-line basis over the estimated useful lives of the assets. The following table shows estimated useful lives of property and equipment. During the year, the company reported $858,227 (\$ 000s) for depreciation expense. Compute the estimated useful life of Abbott Laboratories' depreciable assets
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