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Multiple cholce QuestIon 2 Coronado Towing Company purchased a tow truck for $190000 on January 1, 2016. It was originally depreciated on a straight-line basis
Multiple cholce QuestIon 2 Coronado Towing Company purchased a tow truck for $190000 on January 1, 2016. It was originally depreciated on a straight-line basis over 10 years with an assumed salvage value of $36000. On December 31, 2018, before adjusting entries had been made, the company decided to change the remaining estimated ife to 4 years (including 2018) and the salvage value to $4000. What was the depreciation expense for 2018? Sign count
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