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Compute the revised depreciation

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Question - Culver Corporation purchased a piece of equipment for $82,400. It estimated an 8-year life and $2,200 salvage value. At the end of year 4 (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $34,475. Compute the revised depreciation, assuming Culver uses the straight-line method.

Reference no: EM133185726

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