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QUESTION 1 Inc. purchased machinery on December 22, 2018 with a cost of $200.000 has an estimated Spartan salvage value of $50.000 and an estimated

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QUESTION 1 Inc. purchased machinery on December 22, 2018 with a cost of $200.000 has an estimated Spartan salvage value of $50.000 and an estimated life of 5 years. It is to be depreciated by the straight-line method. What is the amount of depreciation for the second full year (in other words annual depreciation?) $O $2.500 S30.000 $50.000 $200.000

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