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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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