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Business, 26.11.2019 23:31 fatherbamboo

Holt company purchased a computer for $8,000 on january 1, 2019. straight-line depreciation is used, based on a 5-year life and a $1,000 salvage value. in 2021, the estimates are revised. holt now feels the computer will be used until december 31, 2022, when it can be sold for $500?

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Holt company purchased a computer for $8,000 on january 1, 2019. straight-line depreciation is used,...

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