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Mohr Company purchases a machine at the beginning of the year at a cost of $32,000. The machine is depreciated using the straight-line method. The

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Mohr Company purchases a machine at the beginning of the year at a cost of $32,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 8 years with a $8,000 salvage value. The book value of the machine at the end of year 2is Multiple Choice $3,000 $6,000 $18,000 $26.000

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