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Part $1$

On May $1,$ Seashore Clothing Exchange paid cash of $ $86$ comma $400$ for computers that are expected to remain useful for four years. At the end of four $$years$,$ the value of the computers is expected to be zero.

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Part $1$

Requirement $1.$ Calculate the amount of depreciation for the month of May using the$$ straight$-$line depreciation method.

Identify the formula needed and calculate the amount.

Formula

Amount

Straight$-$line depreciation for the month $=$

$$