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On January 1, 2014, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 8 years and no salvage

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On January 1, 2014, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 8 years and no salvage value. On January 1, 2016, the company revised the remaining useful life to ttree years. Required: What amount of depreciation will be recorded for 2016? ( Note: write your answer as a number only, with no commas or dollar signs. If your answer is $1,500, write it as 1500 )

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