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30 October, 03:16

Use the following information to answer the question: Cost of car: $26,000 Residual value: $6,000 Life: 5 years Using the given information, determine the depreciation expense for the first year straight-line method? A. $4,400 B. $5,200 C. $4,000 D. $6,000

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  1. 30 October, 06:28
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    (26000-6000) / 5=4000

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