Question: Sunland plc purchased a computer for 8 , 3 2 0 on January 1 , 2 0 2 1 . Straight - line depreciation is

Sunland plc purchased a computer for 8,320 on January 1,2021. Straight-line depreciation is used, based on a 5-year life and a 1,040 residual value. In 2023, the estimates are revised. Sunland now feels the computer will be used until December 31,2024, when it can be sold for 520.
Compute the 2023 depreciation.
Depreciation expense, 2023
enter the depreciation expense for 2023 in pounds

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