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The Pack Company purchased an office building for $4,500,000. The building had an...

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Accounting

The Pack Company purchased an office building for $4,500,000.
The building had an estimated useful life of 40 years and an expected salvage value of $500,000.Depreciation Expense Using the Straight-Line Method
The Pack Company purchased an office building for $4,500,000.
The building had an estimated useful life of 40 years and an expected salvage
value of $500,000.
Calculate the depreciation expense for the second year using the straightline
method. $
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