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What is the depreciation expense

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Question - On October 1, 2017, Sheridan Company places a new asset into service. The cost of the asset is $92000 with an estimated 5-year life and $23000 salvage value at the end of its useful life. What is the depreciation expense for 2017 if Sheridan Company uses the straight-line method of depreciation?

Reference no: EM132968120

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