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On October 1, 2022, Bramble Ltd. places a new asset into service. The cost of the asset is $17200 with an estimated 5-year life

On October 1, 2022, Bramble Ltd. places a new asset into service. The cost of the asset is $17200 with an estimated 5-year life and $5200 residual value. If Bramble uses straight-line depreciation, the depreciation expense for the year ended January 31, 2023 is $800. O $1147. $600. $2400.

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