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A company bought a machine for $160,000 to produce jeans. It produced 18,000 jeans in 2017; 30,000 jeans in 2018; 20,000 jeans in 2019; and

A company bought a machine for $160,000 to produce jeans. It produced 18,000 jeans in 2017; 30,000 jeans in 2018; 20,000 jeans in 2019; and 12,000 jeans in 2020. Its annual depreciation for 2018 is

$20,000

$60,000

Cannot answer

$40,000

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