15.) On Jan 1 of Year 1, Cameron Company purchased a sophisticated piece of equipment costingÿ$300,000.ÿThe equipment had a 30,000 salvage value and a 10 year estimated useful life.ÿAs on Jan 1 of Year 4, technology has changed and it is feared that the value has been impaired.ÿOn January 1 of Year 4 it is projected that the equipment has a remaining useful life of 4 years, a salvage of zero, and that it will generate cahs flows of 45,000 at the end of each year for the next 4 years.ÿThe market interest rate is 10%.ÿHow much depreciation expense will Cameron Company recognize on this piece of equipment during Year 4?ÿUsing straight line depreciation.A. 39,413B. 42,784C. 71,595D.ÿ35,661E.ÿ45,826

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