Williams company purchased a machine costing

Reference no: EM13882990

Williams Company purchased a machine costing $44,800 and is depreciating it over a 10-year estimated useful life with a residual value of $4,800. At the beginning of the eighth year, a major overhaul on it was completed at a cost of $9,800, and the total estimated useful life was changed to 12 years with the residual value unchanged. How much is the year 8 depreciation expense assuming use of the straight-line depreciation method?

Reference no: EM13882990

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