Solution-Compute depreciation expense on the computer for

Compute depreciation expense on the computer for 2010

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Reference no: EM13536305

Vineland Company purchased a computer for USD 60,000 and placed it in operation on 2008 January 2. Depreciation was recorded for 2008 and 2009 using the straight-line method, a six-year life, and an expected salvage value of USD 2,400. The introduction of a new model of this computer in 2010 caused the company to revise its estimate of useful life to a total of four years and to reduce the estimated salvage value to zero. Compute the depreciation expense on the computer for 2010.

Reference no: EM13536305

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Compute depreciation expense on the computer for 2010

Reference no: EM13536305

Reference no: EM13536305

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