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a Carla Vista Snowboarding Company, a public company, purchased equipment on January 10, 2017 for $680.000. At that time. management estimated that the equipment would

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a Carla Vista Snowboarding Company, a public company, purchased equipment on January 10, 2017 for $680.000. At that time. management estimated that the equipment would have a useful life of 10 years and a residual value of $50,000, Carla Vista uses the straight-line method of depreciation and has a December 31 year end, Carla Vista tested the equipment for impairment on December 31, 2021, after recording the annual depreciation expense. It was determined that the equipment's recoverable amount was $298,000, and that the total estimated useful life would be eight years instead of 10, with a residual value of $10,000 instead of $50,000. Calculate the annual depreciation expense for the years 2017 to 2021 and the carrying amount at December 31, 2021. Depreciation Expense Carrying Amount 2017 $ $ 2018 $ $ 2019 $ $ $ 2020 $ $ 2021 $

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