Question: Using the FASB Codification as a guide, a small computer manufacturing industry you are working for would like to make some adjustments to theirstraight line

Using the FASB Codification as a guide, a small computer manufacturing industry you are working for would like to make some adjustments to theirstraight line depreciation for its manufacturing equipment while in the process of obtaining a bank loan.The company has determined the estimated life of the equipment to be 20 years and the estimatedsalvage value for this equipment to be higher than the original cost of the equipment. As a new accountant for thiscompany, how would you resolve this situation. Be sure to cite your source, you can use ASCxxx-xx-xx-x. Do not forget to respond to the other topic this week.

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