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A company purchased a machine for $198,000 on October 1,2021 . The estimated service life is 10 years with a $20,100 residual value. The company
A company purchased a machine for $198,000 on October 1,2021 . The estimated service life is 10 years with a $20,100 residual value. The company records partialyear depreciation based on the number of months in service. Depreciation expense for the year ended December 31 , 2021, using straing (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Multiple Choice $4,950. $14,850. $3,773. $4,448
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