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Skysong Company purchased a computer for $8,480 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,060 salvage
Skysong Company purchased a computer for $8,480 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,060 salvage value. On January 1, 2021, the estimates are revised. Skysong now feels the computer will be used until December 31, 2022, when it can be sold for $530. Compute the 2021 depreciation. (Round answer to O decimal places, e.g. 45,892.) Depreciation expense, 2021 $
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
4th edition
1405888202, 978-0273711490, 273711490, 978-1405888202
