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22 what is the answer? Williams Company purchased a machine costing $31,600 and is depreciating it over a 10-year estimated useful life with a residual

image text in transcribed 22 what is the answer?
Williams Company purchased a machine costing $31,600 and is depreciating it over a 10-year estimated useful life with a residual value of $31,600. At the beginning of the eighth year, a major overhaul on it was completed at a cost of $8,600, and the total estimated useful life was changed to 12 years with the residual value unchanged. How much is the year 8 depreciation expense assuming use of the straight-line depreciation method

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