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Business, 24.10.2019 02:00 cchotshot

Tops co. purchases equipment for $12,000 and has been using straight-line depreciation, estimating a 5-year life and $500 salvage value. at the beginning of the third year, tops decides to use the equipment for a total of 6-years with no salvage value. compute the revised depreciation for the third year.

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Tops co. purchases equipment for $12,000 and has been using straight-line depreciation, estimating a...
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