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The managers need to determine depreciation expense for the year. Each manager decides to use the straight-line method of depreciation Each manager determines that the

The managers need to determine depreciation expense for the year. Each manager decides to use the straight-line method of depreciation Each manager determines that the expected lives and salvage values of the building and equipment owned by each company are as follows: Eads Heater Glenwood Heating Expected Life Salvage Value Expected Life Salvage Value Building 30 years $50,000 30 years $50,000 Delivery Equipment 4 years $8,000 8 years $8,000 

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