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On September 30, 2015, Meggie Services purchased a copy machine for $38,000. Meggie Services expects the machine

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On September 30, 2015, Meggie Services purchased a copy machine for $38,000. Meggie Services expects the machine to last for four years and have a residual value of $2,000. Compute depreciation expense on the machine for the year ended December 31, 2015, using the straight-line method.
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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