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Bricker Enterprises purchased a machine for $203,000 on October 1, 2018. The estimated service life is ten years with a $20,900 residual value. Bricker records
Bricker Enterprises purchased a machine for $203,000 on October 1, 2018. The estimated service life is ten years with a $20,900 residual value. Bricker records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2018, using straight-line depreciation, is (Do not round your intermediate calculations. Round your answer to the nearest dollar amount): $5,878. $15,225. $5,075. $4,553
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