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A machine cost $55,000 on January 1, 2014. Its estimated salvage value is $5,000 and its expecte life is 10 years. Required: Calculate the

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A machine cost $55,000 on January 1, 2014. Its estimated salvage value is $5,000 and its expecte life is 10 years. Required: Calculate the depreciation expense by each of the following methods: Straight-line method for 2014

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