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What would the new amortization expense be per year

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Reference no: EM132899907

Question 1: An extraordinary repair takes place on a 3 year old machine that cost $20,000, has no salvage value, and has an estimated life of 5 years. A new motor is added to the machine for $5,000. It is believed that this new motor will extend the machine's life by two years. What would the new amortization (depreciation) expense be per year on the machine? please Show me the calculation.

Reference no: EM132899907

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