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Machinery worth 120,000 is expected to be used for 8 years with a scrap value of 12,000. The depreciation using the straight-line depreciation method is

Machinery worth 120,000 is expected to be used for 8 years with a scrap value of 12,000. The depreciation using the straight-line depreciation method is

a. 1,375 per month

b. 1,250 per month

c. 15,000 per year

d. 13,500 per year

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