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P Assessment Player UI AL X + index.html?launchid=8c666c1c-2204-4137-9af1-65de404e20b74/question/3 Question 4 of 10 -2.55 View Policies Current Attempt in Progress Concord Company purchased a computer for

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P Assessment Player UI AL X + index.html?launchid=8c666c1c-2204-4137-9af1-65de404e20b74/question/3 Question 4 of 10 -2.55 View Policies Current Attempt in Progress Concord Company purchased a computer for $8.400 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1.050 salvage value. On January 1, 2021, the estimates are revised. Concord now feels the computer will be used until December 31, 2022, when it can be sold for $525. Compute the 2021 depreciation. (Round answer to decimal places, s. 45,892.) Depreciation expense, 2021 $ e Textbook and Media Save for Later Attempts: 0 of 4 used Sub AWE P Assessment Player UI AL X + index.html?launchid=8c666c1c-2204-4137-9af1-65de404e20b74/question/3 Question 4 of 10 -2.55 View Policies Current Attempt in Progress Concord Company purchased a computer for $8.400 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1.050 salvage value. On January 1, 2021, the estimates are revised. Concord now feels the computer will be used until December 31, 2022, when it can be sold for $525. Compute the 2021 depreciation. (Round answer to decimal places, s. 45,892.) Depreciation expense, 2021 $ e Textbook and Media Save for Later Attempts: 0 of 4 used Sub AWE

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