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Herasa Manufacturing purchased a new machine on Jan 1, 20X1 that was built to perform one function on its assembly line. Data pertaining to this
Herasa Manufacturing purchased a new machine on Jan 1, 20X1 that was built to perform one function on its assembly line. Data pertaining to this new machine are: Cost $600,000 Residual value (salvage) $57,000 Estimated service life 5 years Production output 300,000 units Using straight-line method, what is the accumulated depreciation at the end of the third year of ownership?
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