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Answer: C
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An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
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B. $29,600
C. $13,515
D. $31,875
Answer: A
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D. Amazon DynamoDB
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