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Martin Company purchases a machine at the beginning of the year at a cost of $77.000. The machine is depreciated using the straight-line method. The

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Martin Company purchases a machine at the beginning of the year at a cost of $77.000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $3,000 salvage value. Depreciation expense in year 4 is: Multiple Choice

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