1- Equipment was purchased on Jan 1,2019 for $800,000. At the time of its purchase, the equipment was estimated to have a useful life of five years and a salvage value of $50,000. The equipment was depreciated using the straight-line method of depreciation through 2021. At the beginning of 2022, the estimate of useful life was revised to a total life of eight years and the expected salvage value was changed to $30,000. The amount to be recorded foe 202 is? I 2- Boston Corp. had 200,000 shares of common stock outstanding on Januar 2021. On May 1, Boston issued 40,000 shares. Compute the Weighted average number of shares outstanding if the 40,000 shares were Issued in a 10% stock dividend. 1- Equipment was purchased on Jan 1,2019 for $800,000. At the time of its purchase, the equipment was estimated to have a useful life of five years and a salvage value of $50,000. The equipment was depreciated using the straight-line method of depreciation through 2021. At the beginning of 2022, the estimate of useful life was revised to a total life of eight years and the expected salvage value was changed to $30,000. The amount to be recorded foe 202 is? I 2- Boston Corp. had 200,000 shares of common stock outstanding on Januar 2021. On May 1, Boston issued 40,000 shares. Compute the Weighted average number of shares outstanding if the 40,000 shares were Issued in a 10% stock dividend