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On January 1, a machine with a useful life of five years and a salvage value of $30000 was purchased for $330000. What is the

On January 1, a machine with a useful life of five years and a salvage value of $30000 was purchased for $330000. What is the depreciation expense for year 2 under straight-line depreciation? $60000 $158400 $39600. $198000

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