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Kim originally calculated a $2,000 annual straight-line depreciation rate for her vehicle ($22,000 purchase price). Four years later, Kim believes that her car will last
Kim originally calculated a $2,000 annual straight-line depreciation rate for her vehicle ($22,000 purchase price). Four years later, Kim believes that her car will last another three years and have a salvage value of $2,000. Discuss, in detail, what kim needs to do with regards to depreciation this year
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