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Calculate depreciation expense using straight-line method

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Reference no: EM131967100

Question - Togo's Sandwiches acquired equipment on April 1, 2018, for $17,000. The company estimates a residual value of $1,800 and a five-year service life.

Required: Calculate depreciation expense using the straight-line method for 2018 and 2019, assuming a December 31 year-end.

Reference no: EM131967100

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