Find the depreciation expense for the first full year

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Question - Concord Corporation constructed a building at a cost of $13650000. Weighted-average accumulated expenditures were $5600000, actual interest was $562000, and avoidable interest was $272000. If the salvage value is $1150000, and the useful life is 40 years, find the depreciation expense for the first full year using the straight-line method?

a. $319300.

b. $348050.

c. $326100.

d. $459300.

Reference no: EM132609944

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