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1 0 . 5 Effects of changes in estimates on depreciation expense At the end of each year, Patty Chu, the chief accountant at Rex

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10.5 Effects of changes in estimates on depreciation expense
At the end of each year, Patty Chu, the chief accountant at Rex Lin Enterprises, a Singapore-based trading company, reviews long-term assets at the end of each year to determine whether changes are called for in how these assets are depreciated. In December 2011, her attention focused on two assets in particular:
\table[[,Date acquired,Cost,\table[[Accumulated depreciation],[end of 2011]],Useful life,Residual value],[Warehouse,11?07,$200,000,$50,000,25 years,$10,000
Caculate the recised annual depresion dxpenses dor eaxj asset in 2012, and compare them to what the expenses would be if the changes were not made.
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