Holt company purchased a computer for 10290 on january 1, Ask an Expert

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Holt Company purchased a computer for $10,290 on January 1, 2011. Straight-line depreciation is used, based on a 5-year life and a $1,470 salvage value. In 2013, the estimates are revised. Holt now feels the computer will be used until December 31, 2014, when it can be sold for $735. Compute the 2013 depreciation.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9951502

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