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help please Sunland Company purchased equipment on January 1,2019, for $103,200 with an estimated salvage value of $28,800 and estimated useful life of 8 years.

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Sunland Company purchased equipment on January 1,2019, for $103,200 with an estimated salvage value of $28,800 and estimated useful life of 8 years. On January 1,2021, Sunland decided the equipment will last 12 years from the date of purchase. The salvage vatue is stilf estimated at $28,800. Using the straght-line method the newannual depreciation will be: Newanual depreciation

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