Annual depreciation
Question: A firm purchased an asset with a five year life for 90,000 dollars, and it cost 10,000 dollars for shipping and installation. Apply the simplified straight line method, determine the annual depreciation?
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A firm purchased an asset with a five year life for 90,000 dollars, and it cost 10,000 dollars for shipping and installation. Apply the simplified straight line method, determine the annual depreciation.
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