Business, 27.11.2019 00:31 xojade

Leslie, inc., followed the practice of depreciating its building on a straight-line basis. a building was purchased in 2016 and had an estimated useful life of 25 years and a residual value of $20,000.
the company's depreciation expense for 2016 was $15,000 on the building.

what was the original cost of the building?
a. $395,000
b. $500,000
c. $520,000
d. cannot be determined from the information given.

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Leslie, inc., followed the practice of depreciating its building on a straight-line basis. a buildin...

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