Question: Current Attempt in Progress An asset was purchased for $ 256000. It had an estimated salvage value of $ 53000 and an estimated useful life

Current Attempt in Progress An asset was purchased for $ 256000. It had an estimated salvage value of $ 53000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $ 44000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in year 6 would be

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