danny1687
danny1687
30.10.2021 • 
Business

On Jan 1 2017 Acme Industries put into service a milling machine that had a capitalized acquisition cost of $ 22 500 , a useful life of 15 years , and an estimated salvage value of Annual depreciation experise calculated as on a straight - line basis On Jan 1 2020 Acme revises the total useful life estimate from 15 years to 12 years . What is Acme's annual depreciation expense for the machine in 2020 \$1.500/y $ 1,750 $ 2,500 $ 2,000 $ 1,500 10 of 28 g

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