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Questi Question 8 3 pts Ques Ques On September 30, 2016, Toolson Corp purchased a machine for $400,000. The estimated service life is 10 years

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Questi Question 8 3 pts Ques Ques On September 30, 2016, Toolson Corp purchased a machine for $400,000. The estimated service life is 10 years with a $40,000 residual value. Toolson records partial-year depreciation based on the number of months in service. Toolson's fiscal year end is December 31 Time Runni Attent 1 Hour, 211 Depreciation (to the nearest dollar) for 2017 using the sum-oftheyears digits would be $58,909 $63,818 None of the answers are correct O $65,455 O $70,909 Next

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