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Banan Corporation purchased a depreciable asset for 37,500 on January 1, 2016. The estimated residual value is c3,750, and the estimated useful lite in year.

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Banan Corporation purchased a depreciable asset for 37,500 on January 1, 2016. The estimated residual value is c3,750, and the estimated useful lite in year. The straight-line method is used for depreciation. In 2019, Bonan changed its estimates to a total useful life of 5 years with a salvage volue of C6250 What is 2019 depreciation expense? Antwer

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