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I need help please !! QS 8-10 (Algo) Computing revised depreciation LO C2 On January 1, the Matthews Band pays $68,000 for-sound equipment, The band
I need help please !!
QS 8-10 (Algo) Computing revised depreciation LO C2 On January 1, the Matthews Band pays $68,000 for-sound equipment, The band estimates it will use this equipment for four years and after four years it can sell the equipment for $1,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the revised depreciation for both the second and third years Step by Step Solution
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