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A company purchased a machine for $194,000 on October 1, 2024. The estimated service life is 10 years with a $20,600 residual value. The con

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A company purchased a machine for $194,000 on October 1, 2024. The estimated service life is 10 years with a $20,600 residual value. The con records partial-year depreciation based on the number of months in service. Depreciation oxpense for the year ended December 31, 2024 , ush straight-line depreciation, is: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Muitiple Choice $4,335. $14,550. $4.860. $4,850

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