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On January 1, a machine with a useful life of five years and a salvage value of $15000 was purchased for $115000. What is the

On January 1, a machine with a useful life of five years and a salvage value of $15000 was purchased for $115000. What is the depreciation expense for year 2 under straight-line depreciation?

$20000.

$55200.

$69000.

$13800.

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