Question: On January 1 , Year 1 , Poultry Processing Company purchased a freezer and related installation equipment for $ 4 2 , 0 0 0
On January Year Poultry
Processing Company purchased a
freezer and related installation
equipment for $ The
equipment had a threeyear
estimated life with a $ salvage
value. Straightline depreciation was
used. At the beginning of Year
Poultry Processing revised the
expected life of the asset to four
years rather than three years. The
salvage value was revised to
$
Required
Compute the depreciation expense
for each of the four years, Year to
Year
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