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The Life of a Garbage Disposal Is 9 Years

Question 52

Essay

The life of a garbage disposal is 9 years. The original cost of the garbage disposal was $2,000 and the salvage value was $750. What is the third-year depreciation?

Correct Answer:

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$199.44;
9 + 8 + 7 + 6 + 5 +...

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