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Ivanhoe Company bought a machine on January 1, 2022. The machine cost $135000 and had an expected salvage value of $27000. The life of the
Ivanhoe Company bought a machine on January 1, 2022. The machine cost $135000 and had an expected salvage value of $27000. The life of the machine was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is O $36000. O $22500. O $18000. O none of these answer choices are correct.
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