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Cornice Company bought machinery at a cost of $ 1 2 , 0 0 0 . If its salvage value is $ 3 , 0

Cornice Company bought machinery at a cost of $12,000. If its salvage value is $3,000 and its useful life is 5 years, what will Depreciation Expense be at the end of the first year using the straight-line method.

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