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A company uses straight - line depreciation for equipment costing $ 2 8 , 6 5 0 , with a four - year useful life

A company uses straight-line depreciation for equipment costing $28,650, with a four-year useful life and a $2,550 salvage value. At the beginning of the third year, the company revises its estimates and determines that the equipment has three more years ofremaining useful life, after which it will have a $2,100 salvage value.My Bondage and M.HelpSaveComplete this question by entering your answers in the tabs below.
Required 1Required 2Compute the equipment's book value at the end of its second year.Book Value at the End of Year 2:CostAccumulated depreciation 2 yearsBook value at point of revision

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