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gOOvER gOOvER
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6 years ago
On January 1, 2013, Bithe Smarney & Co. purchased $35,500 worth of office equipment with an estimated useful life of seven years and an estimated residual value of $4,000. Bithe Smarney uses the straight-line method of amortization for all office equipment. At the beginning of 2016, Bithe Smarney revised its estimate of the useful life of the office equipment to a total of nine years. The 2016 amortization expense is:
A) $2,000.
B) $3,667.
C) $2,444.
D) $3,000.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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KryzenKryzen
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6 years ago
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gOOvER Author
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#2
5 years ago
Your help has been outstanding, keep it up!
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#3
3 years ago
thank u
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