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An automotive company purchased a machine that cost $1,000,000. It has an estimated useful life of 5,000,000 product units and a trade-in value of $500
An automotive company purchased a machine that cost $1,000,000. It has an estimated useful life of 5,000,000 product units and a trade-in value of $500 at the end of its useful life. Use the product units method to find the depreciation charge per unit.
a. $0.1898
b. $0.1903
c. $0.1927
d. $0.1999
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