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Question 3 Bramble Corp. purchased equipment in January of 2008 for $398000. The equipment was being depreciated on the straight-line method over an estimated useful

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Question 3 Bramble Corp. purchased equipment in January of 2008 for $398000. The equipment was being depreciated on the straight-line method over an estimated useful life of 20 years, with no salvage value. At the beginning of 2018, when the equipment had been in use for 10 years, the company paid $55000 to overhaul the equipment. As a result of this improvement, the compny estimated that the useful life of the equipment would be extended an additional 5 years. What should be the deprecation expense recorded for this equipment in 20187 $19900 O$16933 O $12917 O $9950

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