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On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the
On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the depreciation expense for year 2 under straight-line depreciation? $38500. O $32000. O $16000. O $19250
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