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The December 31,2020 balance sheet of Pina Company showed Equipment of $71,000 and Accumulated Depreciation of $19,000. On January 1, 2021, the company decided that

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The December 31,2020 balance sheet of Pina Company showed Equipment of $71,000 and Accumulated Depreciation of $19,000. On January 1, 2021, the company decided that the equipment has a remaining useful life of 6 years with a $4,600 satvage value. (a) Compute the depreciable cost of the equipment. Depreciablecost $ Attempts: 0 of 1 used (b) Compute the revised annual depreciation. Revised annual depreciation $

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