Question: Please show all work. 2013. Straight 2015, the 31, 2016, 4. (IS oful life is not 2015 points) Holt Company purchased a computer for $8,000
Please show all work.
2013. Straight 2015, the 31, 2016, 4. (IS oful life is not 2015 points) Holt Company purchased a computer for $8,000 on January 1, 2013 line depreciation is used, based on a 5-year life and a $1,000 salvage value. In 2015 estimates are revised. Holt now feels the computer will be used until December 2 when it can be sold for $500 (Reminder: this means that the computer's useful life is year anymore). Compute the 2015 depreciation
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