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A2 x fx 6 A B D E F G 1 6 Equipment was acquired on January 1, 2018 at a cost of $75,000. The

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A2 x fx 6 A B D E F G 1 6 Equipment was acquired on January 1, 2018 at a cost of $75,000. The oquipment was originally estimated to have a salvage value of $5,000 and an estimated life of 10 years. Depreciation has been recorded through December 31, 2021 using the straight-line method. On January 1, 2022, the estimated salvage value was revised to $7,000 and the useful life was revised to a total of 8 years. A) Calculate the original annual depreciation below, showing your calculations. (5 points) 6 7 B) Determine the depreciation expense for 2022. Please show your work. (5 points) 9 10 11 12 13 14 15 16 12 16 19

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