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Assume that the step machine in SE3 has an estimated useful life of 8,000 hours and was used for 2,400 hours in year 1; 2,000
Assume that the step machine in SE3 has an estimated useful life of 8,000 hours and was used for 2,400 hours in year 1; 2,000 hours in year 2; 2,200 hours in year 3; and 1,400 hours in year 4. How much would depreciation expense be in each year? (Round to the nearest dollar.)
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