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A building acquired at the beginning of the year at a cost of $1,800,000 has...

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Accounting

A building acquired at the beginning of the year at a cost of $1,800,000 has an estimated residual value of $200,000 and an estimated useful life of 20 years. Determine (a) the depreciable cost, (b) the straight-line rate, and (c) the annual straight-line depreciation.

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