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Turner Corporation acquired equipment on January 1 , 2 0 X 5 , for $ 3 0 0 , 0 0 0 , with

 Turner Corporation acquired equipment on January 1, 20X5, for $300,000, with an estimated useful life of 10 years and an estimated salvage value of $25,000. On January 1, 20X8, Turner Corporation revised the salvage value to $0 and the useful life to 12 total years (9 years remaining). 
What is depreciation expense for the year ending December 31, 20X8 if Turner Corporation uses straight-line depreciation?  

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