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A construction company purchased new equipment for $850,000. It has an estimated useful life of 15...

A construction company purchased new equipment for $850,000. It has an estimated useful life of 15 years and a
salvage value of $100,000 at that time. Using the Straight Line method, determine the depreciation charge for the
10th year and the book value (unrecovered investment) at the end of the 12th year.

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