The price of a large piece of construction equipment purchased by Hass Construction Company was $53,500. It cost $1,275 for delivery and $2,750 for installation. The salvage value at the end of a 4-year life is $7,500. Using the straight-line depreciation method, calculate the annual depreciation for year 3
A) $15,925.26
B) $22.301.33
C) $12,506.25
D) $13,501.87
C
Business
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Fill in the blank(s) with the appropriate word(s).
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