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What is the depreciation expense per year

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Question - Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 150000 Useful life in years = 20 Residual value = 6000 Date purchased = October 1.

What is the depreciation expense per year? What is the depreciation expense per month? What is the depreciation expense in the year of purchase?

Reference no: EM133129356

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