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On January 1, 2024, Jondan, Inc. acquired a machine for $1,000,000. The estimated use is of the asset is five years. Residual value at the

On January 1, 2024, Jondan, Inc. acquired a machine for $1,000,000. The estimated use is of the asset is five years. Residual value at the end of five years is estimated to be $65,000, Calculate the depreciation expense per year using the straight-tna method OA. $199,000 O $285.000 OG. $264,000 OD $212.000 On January 1, 2024, Jordan, Inc. acquired straight-line method. OA. $199,000 OB. $265,000 OC. $264,000 D. $212,000image text in transcribedimage text in transcribed

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