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Lima Enterprises purchased a depreciable asset for $ 2 2 , 0 0 0 on April 1 , Year 1 . The asset will be

Lima Enterprises purchased a depreciable asset for $22,000 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2,000, Lima Enterprises should recognize depreciation expense in Year 2 in the amount of: Please also show and explain the work for this answer. Thanks!!

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