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On January 1, 20X1, Brandon Excavation Company purchased a new bulldozer for $120,000. The equipment had an estimated useful life of ten years and an

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On January 1, 20X1, Brandon Excavation Company purchased a new bulldozer for $120,000. The equipment had an estimated useful life of ten years and an estimated residual value of $10,000. On January 1,203, Brandon determined that the bulldozer would have a total useful life of-only eight years instead of ten years (i.e., it has 6 years left of useful life). Brandon uses straight-line depreciation. Compute depreciation expense on this bulldozer for 202, and 203. 201, Enter your answer as a number with no additional symbels or punctuation e.g, 5000 . 3 points QUeSTION 8 Maxine Company purchased a tractor for $50,000 on January 1,2022 and estimates it will have a useful life of

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