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The Donut Stop acquired equipment for $13,000. The second year, the company estimates that he equipment wil be useful for four additional company also changed

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The Donut Stop acquired equipment for $13,000. The second year, the company estimates that he equipment wil be useful for four additional company also changed the estimated resBual a residual value of $3,000 and a four-year service life. At the end of the years, for a total servioe irfe of six years rather than the original four. Al the same time, the value to $1,500 from the original estimate of $3,000. Required: Calculate how much The Donut Stop should record each year for depreciation in years 3 to 6 Cost of the equipment Less: Accumulated Depreciation (Years 1 and 2) 5.000 Book value, end of year 2 Less: New residual value New depreciable cost Remaining service lif Annual depreciation in years 3 to 6

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