Hunt Limited applied the straight-line method of depreciation to its non-current assets. The cost of the buildings was $850 000, the residual value is $150 000 and the useful life is 10 years. The annual depreciation expense is:

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The Answer of Hunt Limited applied the straight-line method of depreciation to its non-current assets. The cost of the buildings was $850 000, the residual value is $150 000 and the useful life is 10 years. The annual depreciation expense is:

Hunt Limited Applied the Straight-Line Method of Depreciation to Its