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solve plz A company acquired equipment on January 1, 2019, for $300,000. The equipment had an estimated useful life of 12 years and an estimated

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A company acquired equipment on January 1, 2019, for $300,000. The equipment had an estimated useful life of 12 years and an estimated salvage value of $24,000. On January 1, 2022, the company revised the useful life of the equipment so that there were 10 years remaining. Compute amortization expense for the year ended December 31, 2022, if the company uses straight-line amortization. $23,100 $27,600 $20,700 $20.250

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