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Bought a piece of equipment costing $110,000, with a salvage value of $10,000 and a useful life of 10 years. After 5 years, it was

Bought a piece of equipment costing $110,000, with a salvage value of $10,000 and a useful life of 10 years. After 5 years, it was discovered that the salvage value will be $5,000 and the remaining useful life is only 2 years. What is the new depreciation using SL method?

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