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A company purchased a machine for $208.000 on October 1, 2021 The estimated service life is 10 years with a $19,500 residual value. The company
A company purchased a machine for $208.000 on October 1, 2021 The estimated service life is 10 years with a $19,500 residual value. The company records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2021, using straight tine depreciation, is: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Multiple Choice $5.200 $6.638 $4713 $15.600
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