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Current Attempt in Progress Ivanhoe Company purchased a machine with a list price of $178000. They were given a 5% discount by the manufacturer. They
Current Attempt in Progress Ivanhoe Company purchased a machine with a list price of $178000. They were given a 5% discount by the manufacturer. They paid $3000 for shipping and sales tax of $6500. Ivanhoe estimates that the machine will have a useful life of 10 years and a salvage value of $40000. If Ivanhoe uses straight-line depreciation, annual depreciation will be O $17860. O $13860. O $12910. O $13790. Tort Media
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