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Question 1 (1 point) When originally purchased a vehicle had cost $23,000 with an estimated residual value of $1.500, and an estimated useful life of

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Question 1 (1 point) When originally purchased a vehicle had cost $23,000 with an estimated residual value of $1.500, and an estimated useful life of 8 years. After 4 years of straight line depreciation, the estimated useful life was revised from 8 to 6 years, but with zero residual value. The depreciation expense in year 5 should be

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