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accounting 1 On January 1, 2019, Zane Manufacturing Company purchased a machine for $40,000. The company expects to use the machine a total of 24,000
accounting 1
On January 1, 2019, Zane Manufacturing Company purchased a machine for $40,000. The company expects to use the machine a total of 24,000 hours over the next 6 years. The estimated sales price of the machine at the end of 6 years is $4,000. The company used the machine 8,000 hours in 2019 and 12,000 in 2020 What is the amortization expense for 2020 if the company uses the straight line amortization? Round to the nearest whole dollar as needed O of 2 1 of 1 O A. $6,000 OB. $10,000 O C. $9,000 OD. $13,333 O of 1Step by Step Solution
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