City Brewery is purchasing new equipment.The equipment will cost $250,000.Transportation and installation will cost another $35,000.Because of increased production, inventories will increase by $15,000.The equipment will be depreciated using the straight line method to a book value of $0.00 over its useful life of seven years.Calculate depreciation for each year of the project.

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The Answer of City Brewery is purchasing new equipment.The equipment will cost $250,000.Transportation and installation will cost another $35,000.Because of increased production, inventories will increase by $15,000.The equipment will be depreciated using the straight line method to a book value of $0.00 over its useful life of seven years.Calculate depreciation for each year of the project.

City Brewery Is Purchasing New Equipment