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How much is the first year depreciation expense

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Reference no: EM132926501

Problem - Central Supply purchased a new printer for $54,500 on January 1. The printer is expected to operate for five (5) years, after which it will be sold for salvage value (estimated to be $4,500).

How much is the first year's depreciation expense if the company uses the straiqht-line depreciation method?

Reference no: EM132926501

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