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At the beginning of Year 1 , Flynn Co. purchased a machine costing $26,280. At the date of purchase, Flynn estimated the machine will have
At the beginning of Year 1 , Flynn Co. purchased a machine costing $26,280. At the date of purchase, Flynn estimated the machine will have a useful life of 8 years and an estimated salvage value of $3,400. After 4 years of straight-line depreclation, the machine's total estimated useful Iffe was revised from 8 years to 6 years and there was no change in the estimated salvage value. Calculate the depreciation expense in year 5. Multiple Choice $2,860.00 $11.440.00. $5,720.00. $5,888.00. $3,028.00
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