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Business, 01.11.2019 07:31 Hiadamcom

Plummer industries purchased a machine for $43,800 and is depreciating it with the straight-line method over a life of 8 years, using a residual value of $3,000. at the beginning of the sixth year, an extraordinary repair was made costing $7,500, the estimated useful life was extended to 15 years, and no change was made to the estimated residual value. calculate depreciation expense for year 6.

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