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' s Wonderland paid for a concession stand. 8 0 0 0 0 Depreciation was recorded by the straight - line method over 1 4
s Wonderland paid for a concession stand. Depreciation was recorded by the straightline method over years with zero residual value. Suppose that after using the concession stand for four years, s Wonderland determines that the asset will remain useful for only three more years. How will this affect depreciation on the concession stand for year by the straightline method?
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