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Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The
Use the information below to answer the questions that follow. Enter your answers using digits only no dollar signs, commas, or decimal points. The business's yearend is December
Cost of equipment
Useful life in years
Residual value
Date purchased April
What is the depreciation expense per year?
What is the depreciation expense per month?
What is the depreciation expense in the year of purchase?
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