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How much depreciation should boston record

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Question - Boston Corporation acquired a machine for $27,000 and has recorded depreciation for two years using the straight-line method over a five-year life and $5,000 residual value. At the start of the third year of use, Boston revised the estimated useful life to a total of 10 years. Estimated residual value declined to $0. How much depreciation should Boston record in each of the asset's last eight years (that is, year 3 through year 10), following the revision?

Reference no: EM133179366

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