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The original cost of a property is $ 3 0 , 0 0 0 , and it is depreciated by a 6 percent sinking -

The original cost of a property is $30,000, and it is depreciated by a 6 percent sinking-fund method. What is the annual depreciation charge if the book value of the property after 10 years is the same as if it had been depreciated at $2500/year by the straight-line Method?

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