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Slide28 - Changes in Estimated Useful Life or Residual...

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Unformatted text preview: Changes in Estimated Useful Life or Residual Value - The net book value of the truck at the beginning ofyear 4 is $11,000 - Chang must allocate the remaining $10,000 ($11,000 -$1,000) in allowable depreciation over a total of 3 years ($10,000 /3 = $3,333). The revised depreciation schedule is presented on the next slide: ...
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