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What is the amount of the annual depreciation computed by the straight-line method for a refrigerator used by a meat processor that cost 198500 and estimated value of 30500 with a useful life of 15yrs?
Wiki User
∙ 9y ago
Annual depreciation = total cost - salvage value / number of years
Annual depreciation = (198500 - 30500) 168000
Annual depreciation = 168000 / 15 = 11200
Wiki User
∙ 9y ago
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