Business, 25.01.2021 20:50 AnnaValentine2764
Metlock Company purchased a computer for $8,800 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life and a $1,100 salvage value. On January 1, 2021, the estimates are revised. Metlock now feels the computer will be used until December 31, 2022, when it can be sold for $550. Compute the 2021 depreciation. (Round answer to 0 decimal places, e. g. 45,892.) Depreciation expense, 2021
Answers: 2
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Metlock Company purchased a computer for $8,800 on January 1, 2019. Straight-line depreciation is us...
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