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Nash plc purchased a computer for 6,560 on January 1, 2021. Straight-line depreciation is used, based on a 5-year life and a 8820 residual value.
Nash plc purchased a computer for 6,560 on January 1, 2021. Straight-line depreciation is used, based on a 5-year life and a 8820 residual value. In 2023 , the estimates are revised. Nash now feels the computer will be used until December 31,2024 , when it can be sold for E410, Compute the 2023 depreciation. Depreciation expense, 2023 E
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