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3 7 . A company purchased equipment on January 1 , 2 0 2 2 , for $ 6 5 7 , 0 0 0
A company purchased equipment on January for $ In and the company depreciated the asset on a straightline basis with an estimated service life of eight years and a $ residual value. In due to changes in technology, the company revised the service life to a total of four years with no residual value. What depreciation would the company record for the year on this equipment?
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