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Carla vista co. Purchased a depreciable asset for $73,000 on January 1, 2020. The estimated salvage value is $25,`000, and the estimated useful life in
Carla vista co. Purchased a depreciable asset for $73,000 on January 1, 2020. The estimated salvage value is $25,`000, and the estimated useful life in 5 years. The straight line method is used for depreciation. On January 1, 2022, the company made a capital expenditure of $15,000 for an addition to the asset. What is depreciation expense for 2022
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