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Business, 23.12.2020 17:20 snowprincess99447

Bonita Industries purchased a depreciable asset for $587000 on January 1, 2018. The estimated salvage value is $56000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Bonita changed its estimates to a total useful life of 5 years with a salvage value of $83000. What is 2021 depreciation expense

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Bonita Industries purchased a depreciable asset for $587000 on January 1, 2018. The estimated salvag...
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