Business

Giles

20 February, 11:13

A company used straight-line depreciation for an item of equipment that cost $16,950, had a salvage value of $4,200 and a six-year useful life. after depreciating the asset for three complete years, the salvage value was reduced to $1,695 but its total useful life remained the same. determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life:

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