Business, 14.04.2020 22:52 jaxondbagley

At December 31, 2010, Edgar Enterprises had equipment with a book value of $45,000. On December 31, 2009, the book value was $60,000. The original cost of the equipment was $75,000. Assuming straight-line depreciation and no salvage value, what is the estimated useful life of the asset?

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At December 31, 2010, Edgar Enterprises had equipment with a book value of $45,000. On December 31,...