What is the amount of the annual depreciation computed

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Problem

A refrigerator used by a wholesale warehouse has a cost of $52,000, an estimated residual value of $6,500, and an estimated useful life of 10 years. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question. Get the instant assignment help. What is the amount of the annual depreciation computed by the straight-line method?

Reference no: EM133931774

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