Holt company purchased a computer for 8000 doller on, Ask an Expert

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Holt company purchased a computer for 8000 doller on january 1,2011.straight line depreciation is used, based on 5 year life and doller 1000 is salvage value.in 2013,the estimates are revised.Holt feels the computer will be used until december 31,2014,when it can be sold for doller 500 .compute the 2013 depreciation.

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