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QUESTION 3 Husky Company purchased a machine on January 1, 2005, for $30,000. The machine was being depreciated using the straight-line method over a useful
QUESTION 3 Husky Company purchased a machine on January 1, 2005, for $30,000. The machine was being depreciated using the straight-line method over a useful life of 20 years, with no salvage value. At the beginning of 2015, Husky paid $6,000 to overhaul the machine, resulting in a five year extension of the machine's useful life. What amount of depreciation expense should Husky record for 2015? A. $1,000 B. $1,333 . C. $1,440. D. $1,833
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