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A factory machine was purchased for $ 5 1 , 2 3 4 on May 1 st . It was estimated that it would have

A factory machine was purchased for $51,234 on May 1 st. It was estimated that it would have an $2,633 salvage value at the end of its 10-year useful life. Rounding to the nearest one dollar, what is the depreciation expense recorded as of December 31st using straight-line depreciation?
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