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Trevision of veprecistion Equipment with a cost of $736,800 has an estimated rosidual value of $84,800, has an estimated useful life of 20 years, and
Trevision of veprecistion Equipment with a cost of $736,800 has an estimated rosidual value of $84,800, has an estimated useful life of 20 years, and is depreciated by the straight-1line method, a. Determine the amount of the annual depreciation. b. Determine the book value after 13 full years of use. c. Assuming that at the start of the year 14 the remaining life is estimated to be 11 years and the residual value is estimated to bo $77,600, desermine the depreciation expense for each of the remaining 11 years
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