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1 pts Question 3 Bob's BLT's purchases a sandwich making machine for $7,142 at the beginning of Year 1. He' expects the machine to last

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1 pts Question 3 Bob's BLT's purchases a sandwich making machine for $7,142 at the beginning of Year 1. He' expects the machine to last 8 years, and expects the machine to have a salvage value of $996. Given this information, how much depreciation expense will Bob record for the machine each year? Round your final answer to two decimal places

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