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On June 1, Year 1, a machine costing $ 45,000 was acquired. The machine is expected to produce 90,000 units over a 5-year period, after

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On June 1, Year 1, a machine costing $ 45,000 was acquired. The machine is expected to produce 90,000 units over a 5-year period, after which it will be scrapped. The machine produced 20,000 units during Year 1. The company's fiscal year end is December 31 Which statement is true? Select one: o Using the straight-line method, depreciation expense for Year 1 1 $ 4,500, Ob. Using the units of production method, depreciation expense for Year 1 is $5,000, c. Using the units of production method, depreciation expense for Year 1 is $ 10,000, d. Using the units of production method depreciation expense for Year 1 is $5.833

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