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How do calculate depreciation expense

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Reference no: EM132829385

Problem 1: How do calculate depreciation expense, accumulated depreciation (end of year), and book value (end of year) with an original cost of $800,000, estimated useful life of 5 years, and estimated residual value of $90,000?

Problem 2: How do calculate the depreciation balance, rate, and yearly depreciation?

Reference no: EM132829385

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