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The Depreciation Schedule for a Piece of Office Equipment Is

Question 44

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The depreciation schedule for a piece of office equipment is created in Excel. The cost of the asset is in Cell C4, the salvage value is in Cell C5, the length of service is in Cell C6, and the depreciable base is in Cell C7. Using the straight-line method of depreciation, what formula should be keyed into Cell C8 to calculate Annual depreciation?

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