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Waterway Company purchased a computer for $9,520 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,190 salvage
Waterway Company purchased a computer for $9,520 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,190 salvage value. On January 1, 2021, the estimates are revised. Waterway now feels the computer will be used until December 31, 2022, when it can be sold for $595. Compute the 2021 depreciation. (Round answer to O decimal places, e.g. 45,892.) Depreciation expense, 2021 $
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Cost Accounting A Managerial Emphasis
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
