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Machinery costing 90,000 with an estimated salvage value of $6,000 and an estimated life of 4 years was purchased on October 31, 2001. using the

Machinery costing 90,000 with an estimated salvage value of $6,000 and an estimated life of 4 years was purchased on October 31, 2001. using the straight line depreciation method, what is the amount of depreciation expense to be recorded at December 31, 2001?

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