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Check my work Equipment Accumulated depreciation through 2018 $ 440,000 201, eee During 2019, the following expenditures were incurred for the equipment: Major overhaul of

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Check my work Equipment Accumulated depreciation through 2018 $ 440,000 201, eee During 2019, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 1, 2019, that improved efficiency Routine maintenance and repairs on the equipment $ 57,000 5,500 The equipment is being depreciated on a straight-line basis over an estimated life of 10 years with a $38,000 estimated residual value. The annual accounting period ends on December 31 Saved Help Sa w The equipment is being depreciated on a straight-line basis over an estimated life of 10 years with a $38,000 estimated residual value. The annual accounting period ends on December 3 2. Starting at the beginning of 2019, what is the remaining estimated life? years Remaining life Next 2 3 of 10

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