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Context: BrasPetro S.A., a large Brazilian petrochemical company, is reporting some financial data as part of their company statistic safekeeping. Your job is to analyze

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Context: BrasPetro S.A., a large Brazilian petrochemical company, is reporting some financial data as part of their company statistic safekeeping. Your job is to analyze the following statements and report of the best solution based on the answer choices below. Only select one answer choice and report back to your team. Ewing Corporation acquired equipment on January 1,205 for 9300,000 . The equipment has an estimated useful life of 10 years and an estimated salvage value of 325,000 . Straight-line depreciation is used. Ewing Corporation revised the salvage value to 37.500 on January 2,20X with no change in the useful life. What is depreciation expense for the year ending December 31, 20Xa ? A. $21,750 B. $27,143 C. $27,500 D. $30,000 E. $31,071 Choose the best answer choiced

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