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Asked by DoctorProtonWildcat27
. Oriole Company purchased equipment on January 1, 2019, for...
Image transcription text Oriole Company purchased equipment on January 1, 2019, for $89,440 with an estimated salvage value of $24,960 and estimated
useful life of 8 years. On January 1, 2021, Oriole decided the equipment will last 12 years from the date of purchase. The salvage value
is still estimated at $24,960. Using the straight-line method the new annual depreciation will be: New annual depreciation $
Solved by verified expert
Answered by AndieLim_199x
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