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Compute the amount of accumulated depreciation of the machine at December 31, 2017. The machine was Acquired on the 1st of Jan 2014. The cost
Compute the amount of accumulated depreciation of the machine at December 31, 2017. The machine was Acquired on the 1st of Jan 2014. The cost of the machine is $105000, the Salvage value is $5000. The useful life is 5 years and the depreciation Method is straight line method.
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