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Lets say a company purchased a machine for $250,000 The company expects the machine to have a service life of 5 years. The estimated residual

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Lets say a company purchased a machine for $250,000 The company expects the machine to have a service life of 5 years. The estimated residual value is $40,000. Using the straight line method of depreciation, what is the yearly depreciation that the company would account for on their books

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