{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T20:17:57-04:00", "answer_date": "2024-05-28 20:17:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1857562", "url": "\/study-help\/questions\/an-asset-was-purchased-for-130000-on-january-1-year-1857562", "question_creation_date_js": "2024-05-28T20:17:57-04:00", "question_creation_date": "May 28, 2024 08:17 PM", "meta_title": "[Solved] An asset was purchased for $130,000 on Ja | SolutionInn", "meta_description": "Answer of - An asset was purchased for $130,000 on January 1, Year 1 and originally estimated to have a useful life of 11 years wi | SolutionInn", "meta_keywords": "asset,purchased,$130,000,january,1,year,originally,estimated,life,11,years,residual", "question_title_h1": " An asset was purchased for $130,000 on January 1, Year 1 and originally estimated to have a useful life of 11 years with a", "question_title": " An asset was purchased for $130,000 on January 1, Year 1", "question_title_for_js_snippet": "An asset was purchased for $130,000 on January 1, Year 1 and originally estimated to have a useful life of 11 years with a residual value of $10,000 At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,000 Calculate the third year depreciation expense using the revised amounts and straight line method Oa $27,045 45 Ob $26,545 45 Oc $27,545 45 Od $25,545 45", "question_description": "\"image", "transcribed_text": "An asset was purchased for $130,000 on January 1, Year 1 and originally estimated to have a useful life of 11 years with a residual value of $10,000. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,000. Calculate the third-year depreciation expense using the revised amounts and straight-line method. Oa. $27,045.45 Ob. $26,545.45 Oc. $27,545.45 Od. $25,545.45", "related_book": { "title": "Financial and Management Accounting", "isbn": "1292086599, 978-1292086590", "edition": "7th edition", "authors": "Pauline Weetman", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1372.jpg", "uri": "\/textbooks\/financial-and-management-accounting-7th-edition-1372", "see_more_uri": "\/textbooks\/business-corporate-tax-3337" }, "free_related_book": { "isbn": "3319714880", "uri": "\/textbooks\/automatic-tuning-of-compilers-using-machine-learning-1st-edition-978-3319714882-229724", "name": "Automatic Tuning Of Compilers Using Machine Learning", "edition": "1st Edition" }, "question_posted": "2024-05-28 20:17:57", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/1-can-you-explain-why-business-majors-apparently-study-less", "description": "1. 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