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Meta purchased a machine at the beginning of 2 0 2 0 at $ 4 2 million and depreciates with a straight - line method.
Meta purchased a machine at the beginning of at $ million and depreciates with a straightline method. At the end of the management discovered that the machine would be useful only over a total of six years rather than the nineyear life being used to depreciate its cost. What is the machine depreciation expense in
Note: Do not round your intermediate calculation.
Multiple Choice
$ million
$ million
$ million
$ million
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