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For this requirement only, assume that at the end of December 2 0 2 2 ( before closing the books for the year ) ,
For this requirement only, assume that at the end of December before closing the books for the year the Company reassesses the useful life of its "Machinery and Equipment". Originally, they estimated a useful life of years. Now, they believe it to be years. As at the end of fiscal year the Accumulated Depreciation for the "Machinery and Equipment" is $ The yearly depreciation expense, up until and including was $ What is the depreciation expense the company will record in
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