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Mohr Company purchases a machine at the beginning of the year at a cost of $29,000. The machine is depreciated using the units-of-production method. The

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Mohr Company purchases a machine at the beginning of the year at a cost of $29,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 55,000 units. The machine is estimated to have a $7,000 salvage value. The company produces 9,500 units in year 1 and 6,500 units in year 2 Depreciation expense in year 2 is: Multiple Choice 007307 $2600 Book $4400 $17.400 57000 $11500

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