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Mohr Company purchases a machine at the beginning of the year at a cost of $40,000. 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 $40,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 8 years with a $9,000 salvage value. Depreciation expense in year 2 is: Multiple Choice $5,000 $3,875 $10,000 $31.000

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