Business
Business, 24.04.2020 16:06, caylah6101

A machine with an original cost of $120,000 and no salvage value had an estimated useful life of 6 years, but after 4 complete years, it was decided that the original estimate of useful life should have been 8 years. Assuming the company uses straight-line depreciation, the amount of depreciation expense in year 5 is:

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A machine with an original cost of $120,000 and no salvage value had an estimated useful life of 6 y...

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