Question: Taylor Technologies purchased a server system for its data center at a cost of $124,800. The server system has an estimated residual value of $9,200

Taylor Technologies purchased a server system for its data center at a cost of $124,800. The server system has an estimated residual value of $9,200 and an estimated useful life of 8 years. What is the amount of the annual depreciation computed by the straight-line method?

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