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020 Saved Help Save & Exit Sub Lima Enterprises purchased a depreciable asset for $30,000 on April 1. Year 1. The asset will be depreciated

020 Saved Help Save & Exit Sub Lima Enterprises purchased a depreciable asset for $30,000 on April 1. Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $3,600, Lima Enterprises should recognize depreciation expense In Year 2 in the amount ofimage text in transcribed

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