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Vaughn Corporation purchased a depreciable asset for $579000 on January 1,2023 . The estimated salvage value is $57000, and the estimated useful life is 9
Vaughn Corporation purchased a depreciable asset for $579000 on January 1,2023 . The estimated salvage value is $57000, and the estimated useful life is 9 years. The straight-line method is used for depreciation, In 2026, Vaughn changed its estimates to a total useful life of 5 years with a salvage value of $81000. What is 2026 depreciation expense? $174000 $58000 $162000 $88200
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