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signmentMain.do?invoker-assignments&takeAssignment Lo.. Revision of Depreciation On January 1, 2019, the Kelley Company ledger showed a building with a cost of $250,000 and related accumulated deprediation

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signmentMain.do?invoker-assignments&takeAssignment Lo.. Revision of Depreciation On January 1, 2019, the Kelley Company ledger showed a building with a cost of $250,000 and related accumulated deprediation of $96,000. The depreciation resulted from using straight-line depreciation with a useful life of 20 years and no residual value. On this date, Kelley determined that the building had a remaining useful life of 16 years and a residual value of $14,000. Required: Determine the depreciation expense for 2019 11,800 x Apply the following steps Step 1: Obtain the book value of the asset at the date of the revision in depreciation Previous 1231 AM 3/29/2019

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