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Mathematics, 21.06.2021 17:00 tk1264

Sesame Company purchased a computer system for $74,000 on January 1, 2018. It was depreciated based on a 7-year life and an $18,000 residual value. On January 1, 2020, Sesame revised these estimates to a total useful life of 4 years and a residual value of $10,000. Sesame's depreciation expense for 2020 equal to:

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Sesame Company purchased a computer system for $74,000 on January 1, 2018. It was depreciated based...
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