| Investing Lesson 4 |
| Quiz: Analyzing an Income Statement |
For $1,000...
| If a building cost $1,365,820 to build, had a salvage value of $25,390, and an estimated useful life of 30 years, what would the annual depreciation charges amount to if the straight-line method was used? | |
| a) $44,681 | b) $65,380 |
| c) $73,500 | d) $102,507 |
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