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Using the straight-line method, what is the depreciation expense for a computer that cost $4,500, has a residual value of $700, and has a life
Using the straight-line method, what is the depreciation expense for a computer that cost $4,500, has a residual value of $700, and has a life of four years?
a. $1,125
b. $950
c.$1,300
d.$1,950
e.None of these
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