Question: PRINTER VERSO .BACK- Brief Exercise 9-6 On January 1, 2017, the Oriole Company ledger shows Equipment $43,500 and Accumulated Depreciation $15,800. The depreciation resulted from
PRINTER VERSO" .BACK- Brief Exercise 9-6 On January 1, 2017, the Oriole Company ledger shows Equipment $43,500 and Accumulated Depreciation $15,800. The depreciation resulted from using the straight-line method with a useful life of 10 years and a salvage value of $4,000. On this date, the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value. Compute the revised annual depreciation. The revised annual depreciation Click if you would like to Show Work for this question: Ooen Show Work
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