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What is the monthly amount of depreciation required

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Reference no: EM132905698

Problem 1: Blue Company purchased a building for $100,000 with a 20 year useful life. What is the monthly amount of depreciation required to include in end of month adjusting entries?

Select one:

a. $2,000
b. $5,000
c. $2,500
d. $416.67

Reference no: EM132905698

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