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Under the straight-line method depreciation expense for year

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Reference no: EM132983247

Burger Boy Ltd purchased kitchen equipment on 1 January, the start of Year 1.

Cost (net of GST) $26,000

Residual $4,000

Estimated Useful Life 5 years

Problem 1: Under the straight-line method depreciation expense for year 3 will be:

Select one:

a. $5200.

b. $4400.

c. $7333.

d. $8667.

Reference no: EM132983247

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