Question: on January 1 9 , 2 0 1 0 , Iniyana purchased a fixed asset. She provides you with the following information: Cost $ 1

 
 
 
on January 19,2010, Iniyana purchased a fixed asset. She provides you with the following information: Cost $100000.00. Residual Value / Salvage Value $20000.00. Life expectancy is 5 years. Sum of Years Digit Half Year Convention.On January 1,2013, it was decided that the fixed asset would last for 6 more years.Calculate the new yearly depreciation expense.

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Given information Cost 100000 Salvage Value 20000 Initial Useful Life 5 years Revised Useful Life 6 ... View full answer

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