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Exam 3 Q15 When originally purchased, a vehicle costing $23,940 had an estimated useful life of 8 years and an estimated salvage value of $2100.

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Exam 3 Q15 When originally purchased, a vehicle costing $23,940 had an estimated useful life of 8 years and an estimated salvage value of $2100. After 4 years f straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals: $2898.00. $5628.00. $2730.00. $10,920.00. $5460.00. Annnal de preciakan 23,940-2l00/2-23672:5 vu atter yeay2 3,440 2363342

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