Revision of Depreciation Equipment with a cost of $492,800 has an estimated residual value of...
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Accounting
Revision of Depreciation Equipment with a cost of $492,800 has an estimated residual value of $44,800, has an estimated useful life of 32 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $fill in the blank 1 b. Determine the book value after 18 full years of use. $fill in the blank 2 c. Assuming that at the start of the year 19 the remaining life is estimated to be 19 years and the residual value is estimated to be $45,100, determine the depreciation expense for each of the remaining 19 years. $fill
in the blank 3
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