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please hurry, will upvote Your Company purchased equipment on January 1 for $95,000. The machines are estimated to have a 6 -year life and a
please hurry, will upvote
Your Company purchased equipment on January 1 for $95,000. The machines are estimated to have a 6 -year life and a salvage value of $12,500. The company uses the straight-line depreciation method. At the beginning Year 5 , Your Company spent $25,00 on a major overhaul and increased the expected life by five years. Salvage value became $8,500. What is the annual amount of depreciation expense for each of the remaining years? Round to match my answer if necessary. 513,964 57,500 8,071 56,707 s,2e6 Step by Step Solution
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