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Question #1 On January 1, Year 1, Acadia purchased a computer system that cost $1.480,000. The estimated useful life of the computer is 3 years

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Question #1 On January 1, Year 1, Acadia purchased a computer system that cost $1.480,000. The estimated useful life of the computer is 3 years and salvage value is $10,000 Straight-line depreciation is to be used on January 1 Year 2, the company determined that the estimated useful life of the computer would be 4 years instead of 3 years. The estimated salvage value will only be $10,000

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