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Straight-Line Depreciation A refrigerator used by a wholesale warehouse has a cost of $64,450, an...

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Accounting

Straight-Line Depreciation

A refrigerator used by a wholesale warehouse has a cost of $64,450, an estimated residual value of $7,000, and an estimated useful life of 6 years.

What is the amount of the annual depreciation computed by the straight-line method? $fill in the blank 1

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