Question 7 0 out of 2 points Eliza Co. purchased land and a building for...
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Question 7 0 out of 2 points Eliza Co. purchased land and a building for $566,000. The land had a fair value of $98,000. The company expects the building to have a useful life of 30 years and a salvage value of $36,000. As of the end of the year, Eliza had owned the land and building dor 4 years. How much will Eliza Co. recognize as annual Depreciation Expense each year? (Round answers to the nearest S1)
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