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Business, 19.07.2021 16:20 wjdelrieovie5s

A company purchased a computer system on March 1. Its cost was $40,000, and it had an estimated salvage value of $5,000. It was expected to have a useful life of five years. To the nearest dollar, the depreciation for year 1 using straight-line depreciation will be: (Assume company year-end is December 31. Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

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A company purchased a computer system on March 1. Its cost was $40,000, and it had an estimated salv...
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