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Multiple Choice Question 107 On January 1, a machine with a useful life of 5 years and a salvage value of $20000 was purchased for
Multiple Choice Question 107
On January 1, a machine with a useful life of 5 years and a salvage value of $20000 was purchased for $160000. What is the depreciation expense for year 2 under straight-line depreciation?
$96000.
$28000.
$19200.
$76800.
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