Solved: The straight line method is used for depreciation in 2013, Financial Accounting

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The straight line method is used for depreciation in 2013

Williamson corporation purchased a depreciable asset for $400000 on January 1 , 2010 . the estimated salvage value is $40000 and the estimated useful life is 9 years. The straight line method is used for depreciation. in 2013 Williamson changed its estimates to a total useful life of 5 years with a salvage value of 60000. What is 2013 depreciation expense?

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Financial Accounting: The straight line method is used for depreciation in 2013

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