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Question
An asset was purchased for ¥150,000. It had an estimated residual value of ¥30,000 and an estimated useful life of 10 years. After 5 years of use, the estimated residual value is revised to ¥24,000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in year 6 would be
a. ¥18,000.
b. ¥13,200.
c. ¥9,000.
d. ¥12,600.
Answer
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