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Business, 22.04.2020 19:22 leelee8335

Calculate the yearly depreciation cost using straight line depreciation.

Heritage Fireplace Company uses state-of-the-art manufacturing equipment. One machine they just purchased cost them $1,500,000. They plan on selling it for $200,000 in 25 years. What is the yearly depreciation cost?

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Calculate the yearly depreciation cost using straight line depreciation.

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