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On January 1 , 2022, Aiden Inc. acquired a machine at a cost of $1,200,000. The machine had an estimated useful life of 20 years
On January 1 , 2022, Aiden Inc. acquired a machine at a cost of $1,200,000. The machine had an estimated useful life of 20 years and an estimated salvage value of 200,000 . Aiden uses straight line depreciation. On the income statement for the year ended 12/31/2022 (first year) what is the depreciation expense? Type your
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