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Calculate total depreciation expense for the year

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Problem 1: Using the Base Case, calculate total depreciation expense for the year 2023E. Assume that depreciation expense on assets pre-2020E is $15,000 per year. Depreciation on capital expenditures made from 2020E-2024E assumes a 4-year useful life and a salvage value equal to 10% of the original cost.

Option 1: $20,000

Option 2: $30,000

Option 3: $19,500

Option 4: $33,000

Reference no: EM132778564

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