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When originally purchased, a vehicle costing $26,100 had an estimated useful life of 8 years and an estimated salvage value of $3,300. After 4 years
When originally purchased, a vehicle costing $26,100 had an estimated useful life of 8 years and an estimated salvage value of $3,300. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals:
Multiple Choice
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$2,850.00.
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$5,868.00.
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$5,700.00.
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$11,400.00.
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$3,018.00.
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