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What is the depreciation expense per year

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    Assignment ID: FG133135141

    Question – The business’s year-end is December 31. Cost of equipment = 105000 Useful life in years = 3 Residual value = 15000 Date purchased = January 31

    What is the depreciation expense per year? What is the depreciation expense per month? What is the depreciation expense in the year of purchase?

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