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One machine was purchased for $ 45,000 in early 2020. This equipment is estimated to have a useful life of 4 years and an expected

One machine was purchased for $ 45,000 in early 2020. This equipment is estimated to have a useful life of 4 years and an expected residual value of $ 5,000. Determine the depreciation charge for the first year using the bonus depreciation method. Do not include the $ sign or comma in your answer.

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