Calculate the annual depreciation for given time

Reference no: EM132052439

Question: The price of a sound system purchased by a local town hall was $42,500. It cost $2,100 for delivery. The salvage value at the end of 4 years is $7,500. Using the straight-line depreciation method, calculate the annual depreciation for year 3. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132052439

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