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Middlehurst, Inc. purchased machinery on 1/1/15 at a total cost of $56,000. Estimated residual value is $6,000, and estimated life of the machinery is 8

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Middlehurst, Inc. purchased machinery on 1/1/15 at a total cost of $56,000. Estimated residual value is $6,000, and estimated life of the machinery is 8 years. Using the sum-of-the-years-digits method, calculate the depreciation expense for 2018

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