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On January 1, a machine with a useful life of 5 years and a salvage value of $20000 was purchased for $290000. What is the

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On January 1, a machine with a useful life of 5 years and a salvage value of $20000 was purchased for $290000. What is the depreciation expense for year 2 under straight-line depreciation? O $139200. $174000. O $34800. $54000

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