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KSTY has recorded straight-line depreciation on a machine for 5 years that it purchased 5 years ago for $215,000. The expected salvage value of the

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KSTY has recorded straight-line depreciation on a machine for 5 years that it purchased 5 years ago for $215,000. The expected salvage value of the machine is $15,000 at the end of its estimated useful life of 10 years. The tax rate for KSTY is 30% 1. Compute the annual depreciation expense under the straight-line depreciation method. 2. Compute the current cumulative depreciation expenses of the machine. 3. Compute the current net book-value of the machine

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