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XYZ Company purchased an asset for $72,431. It cost $2,042 in freight costs to get it to their loading dock. They also had $4,582 in

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XYZ Company purchased an asset for $72,431. It cost $2,042 in freight costs to get it to their loading dock. They also had $4,582 in installation costs. Salvage value is estimated to be $11,350 and the useful life is 10 years. What is year 10 depreciation expense? (they use straight line depreciation)

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