On January 1, 2010, the company purchased equipment for $600,000. The equipment has an 8-year expected useful

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On January 1, 2010, the company purchased equipment for $600,000. The equipment has an 8-year expected useful life and $0 residual value. Initially, the company used straight-line depreciation. On January 1, 2013, the company changed to double-declining balance depreciation. Compute depreciation expense for 2013. Ignore income taxes.
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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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