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On February 1, 2022, Company H purchased a machine for which it paid $150,230. The machine is estimated to have a useful life of 10

On February 1, 2022, Company H purchased a machine for which it paid \$150,230. The machine is estimated to have a useful life of 10 years and a salvage value of $10,500. Compute year 2022 depreciation expense using the sum-of-the-years'digits method. A. $24,288 B. $23,288 C. $24,406 D. $25,406

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