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Question 19 (1 point) Suppose a firm purchased an asset for $100,000 and estimated on the date of the purchase, its useful life as
Question 19 (1 point) Suppose a firm purchased an asset for $100,000 and estimated on the date of the purchase, its useful life as 10 years with no residual value The firm uses straight-line depreciation. After using the asset for 5 years, the firm changes its estimate of the remaining useful life to 4 years a total of 9 years rather than the original 10 years). How much depreciation expense will the firm recognize in the sixth year of the asset's life? O a $12,500 Ob $11,111 Oc $31,111 Od $10,000
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