Question: SURCES Brief Exercise 9-06 x Your answer is incorrect. Try again. On January 1, 2022, the Ivanhoe Company ledger shows Equipment $48,300 and Accumulated Depreciation

SURCES Brief Exercise 9-06 x Your answer is incorrect. Try again. On January 1, 2022, the Ivanhoe Company ledger shows Equipment $48,300 and Accumulated Depreciation $17,720. The depreciation resulted from using the straight-line method with a usefu 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. by Study The revised annual depreciation 22150

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