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Whispering Company purchased a computer for $8,880 on January 1, 2024. Straight-line depreciation is used, based on a 5 -year life and a $1,110 salvage

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Whispering Company purchased a computer for $8,880 on January 1, 2024. Straight-line depreciation is used, based on a 5 -year life and a $1,110 salvage value. In 2026 , the estimates are revised. Whispering now feels the computer will be used until Decernber 31 , 2027 , when it can be sold for $560. Compute the 2026 depreciation. Depreciation expense, 2026

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