Revision of Depreciation On January 1,2021, Blizzards-R-Us purchased a snow-blowing machine for $125,000....
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Accounting
Revision of Depreciation
On January BlizzardsRUs purchased a snowblowing machine for $ The machine was expected to have a residual value of $ at the end of its year useful life. On January BlizzardsRUs concluded that the machine would have a remaining useful life of years with a residual value of $
Required:
Determine the revised annual depreciation expense for using the straightline method.
$fill in the blank
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