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Omar Inc. purchased a machine on January 1,2024 , for $750.000 with a useful life of 5 years, with a salvage value of $300,000. Applying

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Omar Inc. purchased a machine on January 1,2024 , for $750.000 with a useful life of 5 years, with a salvage value of $300,000. Applying the sum of the vears - digit method of deoreciation. how much depreciation would be recorded for 2024 or just year 1? Round to the nearest dollar. Hint for Depreciation Fraction - 5 years remaining. $150,000 $200,000 $100,000

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