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XYZ Corporation purchased a building for $500,000. The building has a useful life of 25 years and a salvage value of $50,000. Calculate the yearly

ยท XYZ Corporation purchased a building for $500,000. The building has a useful life of 25 years and a salvage value of $50,000. Calculate the yearly depreciation expense using the sum-of-years-digits method. Additionally, determine the book value of the building at the end of the tenth year.

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