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On 1/1/2011, ABC Company purchased a piece of equipment costing $90,000. The equipment is expected...

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Accounting

On 1/1/2011, ABC Company purchased a piece of equipment costing $90,000. The equipment is expected to have a useful life equal to 5 years and a salvage value equal to $10,000. What is the depreciation expense for each for the following years using straight-line depreciation method sum-of-years'-digits' method?

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