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A machine was purchased on 1 January 2019 for $60 000, net of GST. The machine had an estimated residual value of $6 000 and
A machine was purchased on 1 January 2019 for $60 000, net of GST. The machine had an estimated residual value of $6 000 and an estimated useful life of 5 years. Depreciation expense for the year ended 31 December 2019, using sum-of-the-years'-digits method, is: Select one: a. $30000 b. $20000 c. $14000 d. $18000
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