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What is the revised depreciation expense

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Question - Don's Copy Shop bought equipment for $450,000 on January 1, 2020. Don estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2021, Don decides that the business will use the equipment for a total of 5 years. What is the revised depreciation expense for 2021?

Reference no: EM133022837

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