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Brief Exercise 11-7 Flounder Company purchased a computer for $9,920 on January 1, 2016. Straight-line depreciation is used, based on a 5-year life and a

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Brief Exercise 11-7 Flounder Company purchased a computer for $9,920 on January 1, 2016. Straight-line depreciation is used, based on a 5-year life and a $1,240 salvage value. In 2018, the estimates are revised. Flounder now feels the computer will be used until December 31, 2019, when it can be sold for $620 Compute the 2018 depreciation. (Round answer to O decimal places, e.g. 45,892.) Depreciation expense, 2018 g

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