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A machine is purchased at $800,000, with an estimated salvage value of $100,000 and 20 years of useful life has been depreciated by the straight-line
A machine is purchased at $800,000, with an estimated salvage value of $100,000 and 20 years of useful life has been depreciated by the straight-line method for 8 years. On January 1 of the ninth year, management decided the total useful life of the equipment should be 16 years instead of 20 years. Depreciation expense for the ninth year is: O A. 540.000 O B. $52,500 O C. $35.000 O D. $50,000 More to other question will save the expone. Question 1 A machines purchased 5000,000, with an estimated salge val of $100.000 and 20 years of We has been depreciated by the right tine method for years on anary101 points year, management decided the total of the equipment should be 16 years instead of 20 you Depreciation event for the ninthem O 540,000 O.500 Oc55.000 On 550.000
A machine is purchased at $800,000, with an
estimated salvage value of $100,000 and 20 years of
useful life has been depreciated by the straight-line
method for 8 years. On January 1 of the ninth
year, management decided the total useful life of the
equipment should be 16 years instead of 20 years.
Depreciation expense for the ninth year is:
O A. 540.000
O B. $52,500
O C. $35.000
O D. $50,000
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