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On January 22, 20X1, your company purchases a machine for $200,000. Your company uses 150% DB depreciation. Assets purchased between the 1 st and 15

On January 22, 20X1, your company purchases a machine for $200,000. Your company uses 150% DB depreciation. Assets purchased between the 1st and 15th of the month are depreciated for the entire month; assets purchased after the 15th of the month are treated as though acquired the following month. Management estimates the machine will last 10 years and have a salvage value of $60,000. What is 20X1 depreciation expense?

$30,000

$19,250

$27,500

$21,000

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