Question: Exercise 8 - 1 3 ( Algo ) Revising depreciation LO C 2 Apex Fitness Club uses straight - IIne depreclation for a machine costing
Exercise Algo Revising depreciation LO C
Apex Fitness Club uses straightIIne depreclation for a machine costing $ with an estimated fouryear life and a $
salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful life, after
which it will have an estimated $ salvage value.
Compute the machine's book value at the end of its second year.
Compute the amount of depreclation for each of the final three years given the revised estimates.
Complete this question by entering your answers in the tabs below.
Compute the amount of depreciation for each of the final three years given the revised estimates.
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar.depreciation
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