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A plant asset was purchased on January 1 for $72000 with an estimated salvage value of $15000 at the end of its useful life. The

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A plant asset was purchased on January 1 for $72000 with an estimated salvage value of $15000 at the end of its useful life. The current year's depreciation expense is $3800 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $15200. The remaining useful life of the plant asset is 15 years. 4 years. 11 years. 18 years

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