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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 straightline depreciation for equipment costing $ with a fouryear useful life and a $ 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 $ salvage value.My Bondage and MHelpSaveComplete this question by entering your answers in the tabs below.
Required Required Compute the equipment's book value at the end of its second year.Book Value at the End of Year :CostAccumulated depreciation yearsBook value at point of revision
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