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A machine that was purchased on January 1 for $74000 has an estimated salvage value of $10000. If the machine's depreciation rate is 20%, its

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A machine that was purchased on January 1 for $74000 has an estimated salvage value of $10000. If the machine's depreciation rate is 20%, its annual depreciation is O $16800. $14800. $12800. O $59200

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