What is the amount of its monthly depreciation expense, Financial Accounting

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What is the amount of its monthly depreciation expense

Problem

If an equipment is purchased at a price of $20000 and its useful life is 5 years, After using it for five years it can be sold at a price of $2000. What is the amount of its monthly depreciation expense using straight line depreciation method.

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Financial Accounting: What is the amount of its monthly depreciation expense

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Financial Accounting: What is the amount of its monthly depreciation expense

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