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3 of 40 View Policies Current Attempt in Progress -/2.5 E Coronado Industries purchased a depreciable asset for $590000 on January 1, 2018. The estimated
3 of 40 View Policies Current Attempt in Progress -/2.5 E Coronado Industries purchased a depreciable asset for $590000 on January 1, 2018. The estimated salvage value is $59000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Coronado changed its estimates to a total useful life of 5 years with a salvage value of $99000. What is 2021 depreciation expense? O $177000 $59000 O $86400 $157000 Save for Later Attempts: 0 of 1 used Submit
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