What is the depreciation expense for 2018 under the straight

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Reference no: EM133612133

Question: Porter Business Products acquired an equipment on January 1, 2018 for $480,000. The equipment has an estimated useful life of 5 years and an estimated residual value of $30,000. What is the depreciation expense for 2018 under the straight-line method?

Reference no: EM133612133

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