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Equipment costing $190000 with a salvage value of $24000 and an estimated

life of 8 years has been depreciated using the straight-line method for 2 years. Assuming a revised estimated total life of 6 years and no change in the salvage value, the depreciation expense (rounded) for Year 3 would be




a. $31125.


b. $27667.


c. $41500.


d. $20750.

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Subject: Accounting, Business
Equipment costing $190000 with a salvage value of $24000 and an estimated life of 8 years has been depreciated using the straight-line method for 2...
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