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A machine was on purchased on March 2 nd for $500,000 with a esidual value of $50,000. The company estimates that the nachine will last

image text in transcribed A machine was on purchased on March 2 nd for $500,000 with a esidual value of $50,000. The company estimates that the nachine will last 5 years and produce 2,000,000 parts over its life. Calculate depreciation expense using the Straight-Line method for he 5-year life. (NOTE: Round your answers to the nearest dollar and enter enter it WITHOUT decimals, commas or dollar signs [Example 75000].) 1. Year 1 -__\$ 2. Year 2 -__\$ 3. Year 3 -__\$ 4. Year 4 -__\$ 5. Year 5 -__\$

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