Determine the 2nd year''s depreciation


Computer equipment was acquired at the beginning of the year at a cost of $65,000 that has an estimated residual value of $3,000 and an estimated useful life of 5 years. Determine the 2nd year's depreciation using straight-line depreciation.

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Accounting Basics: Determine the 2nd year''s depreciation
Reference No:- TGS078996

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