A structure's reproduction cost new is $489,900. The structure has an effective age of 4 years and was built 10 years ago. Assum
1 answer:
Answer:
Annual depreciation will be $32660
Step-by-step explanation:
We have given effective year = 4 years
Economic life = 60 years
Reproduction cost of the structure = $489900
We have to calculate the annual depreciation
Annual depreciation is given by
Annual depreciation
So annual depreciation will be $32660
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