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Monu Company purchases a machine at the beginning of the year at a cost of $38.000. The machine is depreciated using the straight le
Monu Company purchases a machine at the beginning of the year at a cost of $38.000. The machine is depreciated using the straight le method. The machine's useful ife is estimated to be 5 years with a $7000 salvage value. The book value of the machine at the end of year 2 i Maple Ch $31.000 16,200 O O O $25,600 $18.600 $12.400
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