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Ursula Tax Planning Service has the following plantassets: Communicationsequipment: Cost, $ 7 comma 120 $7,120 with useful life of eightyears; Furniture:Cost, $ 24 comma 000
Ursula Tax Planning Service has the following plantassets: Communicationsequipment: Cost, $ 7 comma 120
$7,120 with useful life of eightyears; Furniture:Cost, $ 24 comma 000
$24,000 with useful life of 12years; andComputer: Cost, $ 14 comma 000
$14,000 with useful life of four years.(Assume residual value of all the assets iszero.) Ursula's monthly depreciation expense calculated using the straightminus
line method is________. (Round any intermediate calculations to two decimalplaces, and your final answer to the nearestdollar.)
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