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On January 1, 2019, Ray, Inc. acquired a new machine for $186,750. Its estimated useful life is nine years with an expected salvage value of

On January 1, 2019, Ray, Inc. acquired a new machine for $186,750. Its estimated useful life is nine years with an expected salvage value of $6,750. Assuming straight-line depreciation, 2019 depreciation expense is:

Select one:

A. $16,500

B. $19,000

C. $20,750

D. $20,000

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