Business
Business, 05.12.2019 21:31, Lovelybunny321

Aplant asset was purchased on january 1 for $54000 with an estimated salvage value of $6000 at the end of its useful life. the current year's depreciation expense is $4000 calculated on the straight-line basis and the balance of the accumulated depreciation account at the end of the year is $16000. the remaining useful life of the plant asset is?

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