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gnment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Revision of Depreciation Equipment with a cost of $240,000 has an estimated residual value of $18,600, has an estimated useful life of 12 years,

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gnment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Revision of Depreciation Equipment with a cost of $240,000 has an estimated residual value of $18,600, has an estimated useful life of 12 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. b. Determine the book value at the end of the tenth year of use. $ c. Assuming that at the start of the eleventh year the remaining life is estimated to be four years and the residual value is estimated to be $4,800, determine the depreciation expense for each of the remaining four years. apital and revenue expenditures Chart of Accounts Journal Instructions On February 14, Garcia Associates Co paid $2,300 to repair the transmission on one of its delivery vans in addition, Garcia paid $450 to install a GPS system in its van Journalize the entries for the transmission and GPS systern Refer to the Chart of Accounts for exact wording of account titles CH 9 2 con 72 4/20 F5 > F6 EZ Fa F9 F10 F F2 Priser O

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