Revision of Depreciation Equipment with a cost of $834,600 has an estimated residual value of $89,400, has an estimated

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Revision Of Depreciation Equipment With A Cost Of 834 600 Has An Estimated Residual Value Of 89 400 Has An Estimated 1 (12.2 KiB) Viewed 14 times

Revision of Depreciation Equipment with a cost of $834,600 has an estimated residual value of $89,400, has an estimated useful life of 27 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. b. Determine the book value after 17 full years of use. c. Assuming that at the start of the year 18 the remaining life is estimated to be 13 years and the residual value is estimated to be $82,000, determine the depreciation expense for each of the remaining 13 years.