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A company purchased a piece of machinery on January 1, 2020 for $10185 and determined it will use the machinery for 3044 hours during its
A company purchased a piece of machinery on January 1, 2020 for $10185 and determined it will use the machinery for 3044 hours during its useful life of 6 years. The machinery has a $2299 salvage value. Based upon this information, annual depreciation would be Assume the company uses the straight line method of depreciation. Round answer to the nearest whole number. Do not include any dollar signs, commas, or decimals in your
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