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Lindy Weink, the new controller of Ivanhoe Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31.2024. (Depreciation

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Lindy Weink, the new controller of Ivanhoe Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31.2024. (Depreciation for 2024 has not been recorded yet) Her findings are as follows: After discussion, management agrees to accept Lindy's proposed changes. All assets are depreciated by the straight-line method. Ivanhoe Company has a December 31 year end. (a) 2. Your answer is incorrect. For each asset, calculate the annual depreciation expense using the original estimated useful life and residual value. Current Attempt in Progress Lindy Weink, the new controller of Ivanhoe Company, has reviewed the expected useful lives and residual values of selected depreciable assets at December 31, 2024. (Depreciation for 2024 has not been recorded yet) Her findings are as follows: After discussion, management agrees to accept Lindy's proposed changes. All assets are depreciated by the straight-line method. Ivanhoe Company has a December 31 year end. (a) Your answer is incorrect. For each asset, calculate the annual depreciation expense using the original estimated useful life and residual value

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