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On January 1, 2016, company Alpha bought an equipment for $50,000, at the time, the expected life for this equipment was 10 years. At the
On January 1, 2016, company Alpha bought an equipment for $50,000, at the time, the expected life for this equipment was 10 years. At the end of this equipment life the salvage value would be $0. On December 31, 2019, after a regular maintenance on this equipment, the maintenance team said that the equipment had just 4 more years, after that they could dispose the equipment. Using a straight-line depreciation, what is the depreciation expense in 2023? (Round to the nearest integer)
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