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A company wants to buy a new machine for 15,000 with a useful life of 5 years, with no salvage value. Using straight-line depreciation determines:

A company wants to buy a new machine for 15,000 with a useful life of 5 years, with no salvage value. Using straight-line depreciation determines: a) 3rd year depreciation b) The book value of the machine in the 3rd year.

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