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The Nguyen Corporation purchased a new oven for its commercial kitchen on August 1st for $14,000 and expects to use it for 8 years at
The Nguyen Corporation purchased a new oven for its commercial kitchen on August 1st for $14,000 and expects to use it for 8 years at which time it can be sold for an estimated $2,000. How much depreciation expense would be appear in the company's calendar year-end financial statements? Enter as a positive number
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