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A Co, purchased a machine for $36.000 on July 1, 2020. The company uses straight line depreciation method. The useful life of the machine is

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A Co, purchased a machine for $36.000 on July 1, 2020. The company uses straight line depreciation method. The useful life of the machine is 6 years with a salvace value of 50.000, The company depreciation expense in 2020 will be in the amount of: 56.000 55.000 $2.500 None of the answers

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