Facebook, Inc. purchased computer servers for $3,200,000 on March 1st, 2022.The servers have a useful...

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Accounting

    • Facebook, Inc. purchased computer servers for $3,200,000 on March 1st, 2022.
    • The servers have a useful life of 5 years with no salvage value.
    • Facebook, Inc. applies the straight-line depreciation method.
    • Calculate the depreciation expense for the accounting year ending December 31st, 2022

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