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Homework: E112, E11.12 Question 2 of 2 / 50 E View Policies Current Attempt in Progress In 1993, Bramble Company completed the construction of a
Homework: E112, E11.12 Question 2 of 2 / 50 E View Policies Current Attempt in Progress In 1993, Bramble Company completed the construction of a building at a cost of $2,280,000 and rst occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $68,800 at the end of that time. Early in 2004, an addition to the building was constructed at a cost of $570,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $22,800. In 2022, it is determined that the probable life ofthe building and addition will extend to the end of 2053, or 20 years beyond the original estimate. (a) Usingthe straight-line method, compute the annual depreciation that would have been charged from 1994 through 2003. Annual depreciation from 1994 through 2003 $ / yr. eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used
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