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Business, 15.11.2019 03:31 nickname9154

On january 1, 2022, the blossom company ledger shows equipment $48,700 and accumulated depreciation $18,200. the depreciation resulted from using the straight-line method with a useful life of 10 years and a salvage value of $3,200. on this date, the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value. compute the revised annual depreciation.

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On january 1, 2022, the blossom company ledger shows equipment $48,700 and accumulated depreciation...
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