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Compute current year depreciation expense

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Question - USE THE FOLLOWING INFORMATION: Jones Corporation has the following information pertaining to the current year:

Building purchased for $750,000

Purchased on 7/1/X6

Expected Useful Life 20 years

Method of depreciation Straight-line

Current Year End 12/31/X6

Required - Compute current year depreciation expense?

Reference no: EM132858195

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