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What should be the depreciation expense for the year

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Question - Alcoa decided to write down one of its plant asset value from $50,000 to $40,000. At the time of the impairment, the asset still has 3 years remaining in its useful life, and has an estimated salvage value of $1,000. Assuming Alcoa uses straight line depreciation, what should be the depreciation expense for the year after impairment?

Reference no: EM133095708

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