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The story of the assassination of President Abraham Lincoln
Revised Annual Depreciation
An updated calculation of depreciation expense for an asset, altering the original depreciation schedule due to changes in estimation of useful life or resale value.
Accumulated Depreciation
The total depreciation for a fixed asset that has been charged to expense since the asset was acquired and made available for use.
Salvage Value
The prognosticated worth of an asset at the close of its operational period.
Useful Life
The estimated duration of time that an asset is expected to be productive or useful, beyond which it is likely to be inefficient or obsolete.
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