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On February 1, 2021, your company purchases a machine for $200,000. Management estimates the machine will last 10 years and have a salvage value of

On February 1, 2021, your company purchases a machine for $200,000. Management estimates the machine will last 10 years and have a salvage value of $60,000. What is 2021 depreciation expense? $21,000 $27,500 $19,250 $25,667

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