The original cost of an asset is 190,000 while the scrap value is expected to...
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Accounting
The original cost of an asset is 190,000 while the scrap value is expected to be 10,000. The estimated useful life of the asset is 9 years. Calculate the amount of annual depreciation using the straight-line method. a) 22,222 b) 21,111 c) 20,000 d) 180,000
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