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How do determine the annual straight-line depreciation

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Computer equipment was acquired at the beginning of the year at a cost of $79,200 that has an estimated residual value of $4,700 and an estimated useful life of 5 years.

Problem a. Determine the depreciable cost.

Problem b. Determine the straight-line rate.

Problem c. Determine the annual straight-line depreciation.

Reference no: EM132758835

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