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Use the appropriate function in Excel (-SLN) to calculate the annual straight-line (SL) depreciation charge for an asset that has a $4,000 acquisition cost,

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Use the appropriate function in Excel (-SLN) to calculate the annual straight-line (SL) depreciation charge for an asset that has a $4,000 acquisition cost, an estimated salvage value of $200, and a useful life of 4 years. Annual SL depreciation charge

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