A building acquired at the beginning of the year at a cost of $1,450,000 has an estimated residual value of $300,000 and an estimated useful life

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A building acquired at the beginning of the year at a cost of $1,450,000 has an estimated residual value of $300,000 and an estimated useful life of 10 years. Determine the following:

(a)The depreciable cost $ 

(b)The straight-line rate %

(c)The annual straight-line depreciation $

 
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