Acompany uses straight line depreciation for an item of equipment that cost $12000, had a salvage value of $2,000 and a five year useful life. after depreciating the asset for three complete years, the salvage value was reduced to $1200 but its total useful life remained the same. determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life. a. 1000b. 1800c. 5400d. 2400e. 2000
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