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19 January, 10:50

Central Clinic recently purchased a new computer system for a total cost of $64,735. The estimated life of the system is 6 years. The trade-in value of the system after 6 years is estimated to be $900. Using the straight-line method, what is the annual depreciation to the nearest cent?

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  1. 19 January, 14:04
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    ($64,735-$900) / 6 = $10,639.17
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