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If a fixed asset, such as a computer, were purchased on January 1st for $1,580 with an estimated life of 3 years and a salvage or residual value of $205, the journal entry for monthly expense under straight-line depreciation is

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If a fixed asset, such as a computer, were purchased on January 1st for $1,580 with an estimated life of 3 years and a salvage or residual value of $205, the journal entry for monthly expense under straight-line depreciation is