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On May 1, 20X1. O'Hane Company purchased a machine with a purchase price of $60,000, sales tax of $2,700 and $3,900 in machine preparation, shipping

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On May 1, 20X1. O'Hane Company purchased a machine with a purchase price of $60,000, sales tax of $2,700 and $3,900 in machine preparation, shipping and Installation costs. O'Hane paid a total of $10,000 cash and signed a note payable agreeing to pay the remained in the future. The machine has an estimated useful Wife of 6 years and an estimated salvage value of $4,000. O'Hane Company uses the straight-line method for computing Depreciation Expense. Which ONE of the following is included in the journal entry necessary to record Depreciation Expense on the machine for the year 20x2 on December 31, 20X2? O ACREDIT to Accumulated Depreciation for $17,389 O A CREDIT to Depreciation Expense for $9,333 O A CREDIT to Accumulated Dephociation for $9,333 O ACREDIT to Accumulated Depreciation for $15,556 O A CREDIT to Cash for $9.333 O A CREDIT to Accumulated Depreciation for $10.433 O ACREDIT to Depreciation Expense for $10,433 O ACREDIT to Cash for $10,433

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