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tekilochka [14]
3 years ago
15

An accounting firm purchased a new digital camera that cost $2,500. The life of the camera is estimated to be 5 years. The total

salvage value after 5 years of use is estimated to be $700. Using the straight-line method, find the annual depreciation of the camera.
Mathematics
1 answer:
lozanna [386]3 years ago
5 0
2500-700 = 1800
1800/5 = 360

The annual depreciation of the camera is $360.
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