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0 Required information {The following information applies to the questions displayed below.) Manrow Growers, Inc., owns equipment for sowing and harvesting its organic fruit: vegetables,

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0 Required information {The following information applies to the questions displayed below.) Manrow Growers, Inc., owns equipment for sowing and harvesting its organic fruit: vegetables, and tree nuts that are sold to local restaurants and grocery stores. At the beginning of 2019. an asset account for the company showed the following balances: Equipment Accumulated depreciation through 2018 $ 350,000 165,000 During 2019, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 1, 2019 that improved effieleney Routine maintenance and repairs on the equipment 42 000 Sod The equipment is being depreciated on a straight-line basis over an estimated life of eight years with a $20.000 estimated residual value. The annual accounting period ends on December 31 2. Starting at the beginning of 2019, what is the remaining estimated life? Remaining if

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