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What the depreciation expense in year five

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Question - When originally purchased, a vehicle had an estimated useful life of 8 years. The vehicle cost $23,000 and its estimated residual value is $1,500. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated residual value. What the depreciation expense in year five?

Reference no: EM133101600

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