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If we take 12450 to be the 100%, what is 622.50 off of it in percentage then? let's check.
So over 4 years, this computer's value will go from 4,500 to 700.
That's a difference of 3,800 over 4 years. Straight-line means the amount is the same every year, so
= 950
So the depreciation expense each year is 950.
That's a difference of 3,800 over 4 years. Straight-line means the amount is the same every year, so
So the depreciation expense each year is 950.