Question: Current Attempt in Progress Ivanhoe Limited parchased a computer for $9,000 on Janwary 1, 2023. Stralight-line depreciation is iried for the computer, baiedonl a five-vear
Current Attempt in Progress Ivanhoe Limited parchased a computer for $9,000 on Janwary 1, 2023. Stralight-line depreciation is iried for the computer, baiedonl a five-vear life and a $900 residust value in 2025 , the estimates are revised. Ivanhoe now expects the comouter will be used unt December 31,2026 , when it can be sold for $550. Calculate the 2025 depreciation expense. Depredation expense Attemptsi 0 of 3 uned
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