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Tatsuo Corporation purchased form equipment on January 1, 2019, for $291,000. In 2019 and 2020, Tatsuo depreciated the asset on a straight-line basis with an

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Tatsuo Corporation purchased form equipment on January 1, 2019, for $291,000. In 2019 and 2020, Tatsuo depreciated the asset on a straight-line basis with an estimated useful life of five years and a 5111,000 residual value. In 2021, due to changes in technology. Tatsuo revised the residual value to $42.000 but still plans to use the equipment for the full five years. What depreciation would Tatsuo record for the year 2021 on this equipment? Multiple Choice $50,500 $50,000 540,000 $17.000 Proy 22 25 III Ne>

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