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A new machine cost $4 miliion to purchase. It will be depreciated over 20 years with no salvage value. What is the annual depreciation amount?

A new machine cost \$4 miliion to purchase. It will be depreciated over 20 years with no salvage value. What is the annual depreciation amount? a. $200,000 b. $20,000 c. $800.000 d. 380,000

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