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What depreciation expense in year six would be

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Problem 1: An asset was purchased for $366000. It had an estimated salvage value of $66000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $50000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in Year 6 would be

A) $21600.

B) $31600.

C) $43200.

D) $33200.

Reference no: EM132957267

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