Business
Business, 26.11.2019 23:31, mgreenamb

On july 1, 2019, cullumber company purchased new equipment for $85,000. its estimated useful life was 5 years with a $12,000 salvage value.
on december 31, 2022, the company estimated that the equipment’s remaining useful life was 10 years, with a revised salvage value of $5,000.compute the revised annual depreciation on december 31, 2022.

revised annual depreciation $

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On july 1, 2019, cullumber company purchased new equipment for $85,000. its estimated useful life wa...

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