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On October 1, 2024, Oriole Wind Turbine Company places a new asset into service. The cost of the asset is $13000 with an estimated five-year
On October 1, 2024, Oriole Wind Turbine Company places a new asset into service. The cost of the asset is $13000 with an estimated five-year life and $2200 residual value at the end of its useful life. What is the depreciation expense for 2024 if Oriole uses the straight-line method of depreciation? O $540 O $2600 O $1440 O $720 
On October 1,2024, Oriole Wind Turbine Company places a new asset into service. The cost of the asset is $13000 with an estimated five year lfe and $2200 residual value at the end of its useful life. What is the depreciation expense for 2024 if Oriole uses the straight-line method of depreciation? 5540 $2000 $1440 $720
On October 1, 2024, Oriole Wind Turbine Company places a new asset into service. The cost of the asset is $13000 with an estimated five-year life and $2200 residual value at the end of its useful life. What is the depreciation expense for 2024 if Oriole uses the straight-line method of depreciation? O $540 O $2600 O $1440 O $720
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