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A machine, acquired for a cash cost of $ 1 5 , 0 0 0 , is being depreciated on a straight - line basis

A machine, acquired for a cash cost of $15,000, is being depreciated on a straight-line basis of $2,700 per year. The residual value was estimated to be 10% of cost. The estimated useful life is:
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3 years.
5 years.
6 years.
4 years.

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