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On July 1, 2020 a company purchased some modern laser machines for $120,000. They expected to use the machines for 5 years at which time
On July 1, 2020 a company purchased some modern laser machines for $120,000. They expected to use the machines for 5 years at which time they think the machines can be sold for $20,000. During that time they expect to produce 1,200,000 units. If their units-of- production depreciation expense for 2020 was $15,000, what was their production to the nearest thousand units? O 240,000 O 180,000 O 120,000 O 150,000
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