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You have just bought a new computer for $3,000 and you estimate that it will have an effective life of 6 years after which it

You have just bought a new computer for $3,000 and you estimate that it will have an effective life of 6 years after which it will be worthless. What is the depreciation expense over the first year using the Prime Cost Method (to the nearest dollar)? Please do not include dollar signs or commas in your answer.

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