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A machine with a 5-year life has a first cost of $25,000 and a $5000 salvage value. Its annual operating cost is $8000 per year.

image text in transcribed A machine with a 5-year life has a first cost of $25,000 and a $5000 salvage value. Its annual operating cost is $8000 per year. According to the classical straight line method, the depreciation charge in year 2 is nearest to: Select one: a. 5200 b. 3600 C. 4000 d. 2800

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