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Company purchases Deluxe machine for $52,000. It has an estimated salvage value of $2,000 and a useful life of four years. Company calculates the

 

Company purchases Deluxe machine for $52,000. It has an estimated salvage value of $2,000 and a useful life of four years. Company calculates the annual straight-line depreciation for the machine. What is yearly depreciation amount of the machine.

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