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Question 3 Table 8-3 Machiel Manufacturing acquired a $60,000 machine on January 1, 20X9. The machine is estimated to have a useful life of 4
Question 3
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Table 8-3 Machiel Manufacturing acquired a $60,000 machine on January 1, 20X9. The machine is estimated to have a useful life of 4 years, and a residual value of $10,000. For unit depreciation purposes, the machine is expected to produce 500,000 units. Referring to Table 8-3, if Machiel Manufacturing uses straight-line depreciation, what is the depreciation expense in 2X11?
$12,500
$ 8,000
$ 8,800
$ 7,200
$ 3,686
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