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Ove 4 complete Marked out of 150 Revision of Depreciation Associated Clinic purchased a special machine for use in its laboratory on January 2, 2013.
Ove 4 complete Marked out of 150 Revision of Depreciation Associated Clinic purchased a special machine for use in its laboratory on January 2, 2013. The machine cost $144.000 and was expected to last 10 years. Its salvage value was estimated to be 58,000. By early 2015. it was evident that the machine will be useful for a total of only seven years. The salvage value after seven years was estimated to be $9.500. Associated Clinic uses straight line depreciation Compute the proper depreciation expense on the machine for 2015. Round your answers to the nearest dollar. Depreciation Expense for 2015: Check
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