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On January 1 , 2 0 2 2 , the Pronghorn Company ledger shows Equipment $ 3 4 , 5 6 0 and Accumulated Depreciation
On January the Pronghorn Company ledger shows Equipment $ and Accumulated Depreciation $ The depreciation resulted from using the straightline method with a useful life of years and a salvage value of $ On this date, the company concludes that the equipment has a remaining useful life of only years with the same salvage value.
Compute the revised annual depreciation.
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