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equipment with a cost o $80,345, an estimated residual value of $6,184 and an estimated life of 13 years was depreciated by the straight-line method
equipment with a cost o $80,345, an estimated residual value of $6,184 and an estimated life of 13 years was depreciated by the straight-line method for 5 years. Due to obsolescence, it was determined that the remaining useful life should be shortened by 4 years and the residual value changed to zero. The depreciation expense for the current and future years is?
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