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2-On January 1, equipment was purchased that cost $30,000, has a useful life of 10 years and no salvage value. At the beginning of the

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2-On January 1, equipment was purchased that cost $30,000, has a useful life of 10 years and no salvage value. At the beginning of the fourth year, it was decided that there were only 5 years remaining, instead of 7 years. Required Calculatedepreciation expense for the fourthyear using the straight-line method

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