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Equipment with a cost of $ 8 3 , 6 8 3 , an estimated residual value of $ 5 , 0 1 7 ,

Equipment with a cost of $83,683, an estimated residual value of $5,017, and an estimated life of 12 years was depreciated by the straight-line method for 6 years. Due to obsolescence, it was determined that the remaining useful life should be shortened by 5 years and the residual value changed to zero. The depreciation expense for the current and future years is
a. $3,695.83
b. $44,350.00
c. $4,031.82
d. $39,333.00

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