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3. Depreciation Carnival's Property and Equipment consists of ships with a 15 year life and no salvage. Carnival does not purchase or sell any

3. Depreciation Carnival's Property and Equipment consists of ships with a 15 year life and no salvage. Carnival does not purchase or sell any ships during 2021. 4. a. Salaries. Carnival pays its employees after they work for the company. During 2021, Carnival pays employees a total of $7.6, which includes amounts owed from 2020 as well as for work performed in 2021.

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