3 Equipment was acquired on January 1,2018, at a cost of $105,000. The equipment was...
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Accounting
Equipment was acquired on January at a cost of $ The equipment was originally estimated to have a salvage value of $ and an estimated life of years. Depreciation has been recorded through December using the straightline method. On January the estimated salvage value was revised to $ and the useful life was revised to a total of years.
Determine the depreciation expense for
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