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Lockard Company purchased machinery on January 1 , 2 0 2 0 for $ 7 0 , 0 0 0 . This machinery is estimated

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Lockard Company purchased machinery on January 1,2020 for $70,000. This machinery is estimated to have a salvage value of $7,000 after a useful life of 6 years. What is the 2020 depreciation expense using the sum-of-the-years'-digits method 1
A)10,500
B)14,000
C)18,000
D)20,000
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