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solve using given information On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $92000 with an

solve using given information
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On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $92000 with an estimated 5-year life and $23000 salvage value at the end of its useful life. What is the depreciation expense for 2022 if Sheridan Company uses the straight-line method of depreciation? Qu 0: $18400 $4600 A: 53450 59200

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