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Jack's Copy Shop bought equipment for $90,000 on January 1, 2011. Jack estimated the useful life to be 3 years with no salvage value, and

Jack's Copy Shop bought equipment for $90,000 on January 1, 2011. Jack estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2012, Jack decides that the business will use the equipment for a total of 5 years. What is revised depreciation expense for 2012?

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