Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 12, Problem 26P

Assume $ 65,000 is going to be invested in each of the following assets. Using Tables 12-11 and 12-12, indicate the dollar amount of the first year’s depreciation.

a. Office furniture.

b. Automobile.

c. Electric and gas utility property.

d. Sewage treatment plant.

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