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7. A machine with a first cost of $25,000 is expected to have a $5,000 salvage value after its five year depreciable life. The depreciation

7. A machine with a first cost of $25,000 is expected to have a $5,000 salvage value after its five year depreciable life. The depreciation charge by the straight-line method for year three is closest to: a. $4,000 b. $5,000 c. $10,000 d. $15,000

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