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On January 1, a machine with a useful life of five years and a salvage value of $20000 was purchased for $220000. What is the
On January 1, a machine with a useful life of five years and a salvage value of $20000 was purchased for $220000. What is the depreciation expense for year 2 under straight-line depreciation?
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| $40000. |
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| $105600. |
|
| $26400. |
|
| $132000. |
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