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The asset's book value is $64,800 on june 1, year 3. on that date, management determines that the asset's salvage value should be $6,400 rather than the original estimate of $11,400. based on this information, the amount of depreciation expense the company should recognize during the last six months of year 3 would be:
a. $2,366.37
b. $4,866.67
c. $1,958.33
d. $2,433.33
e. $2,700.00
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The asset's book value is $64,800 on june 1, year 3. on that date, management determines that the as...
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