(Answered) Question - a plant asset was purchased on january 1 for

Accounting

Question - A plant asset was purchased on January 1 for $64600 with an estimated salvage value of $10000 at the end of its useful life. The current year's depreciation expense is $3900 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $27300. Find the remaining useful life of the plant asset.

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