Formula: Multiply, Divide, Subtract; Cell Referencing Calculate the 2025 depreciation expense. Annual depreciation expense1,200 $Cost of computer7,000$Carrying amount, January 1, 20254,600 $Original estimated salvage value1,000 Original estimated useful life in years5Remaining useful life in years2 Revised salvage value500. Depreciation expense, 20252,050
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