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, Question 34 2 pts A factory machine was purchased for $ 51,533 on May 1st. It was estimated that it would have an
, Question 34 2 pts A factory machine was purchased for $ 51,533 on May 1st. It was estimated that it would have an $ 3,531 salvage value at the end of its 12-year useful life. Rounding to the nearest one dollar, what is the depreciation expense recorded in year one using straight-line depreciation? Question 35 2 pts Klein Company uses the units-of-activity method in computing depreciation. A new machine is purchased for $ 68,379 that will produce an estimated 296,162 units over its 18-year useful life. Estimated salvage value at the End of its useful life is $1,035. If 6,299 units were produced this year, what is the depreciation depreciation expense rounding to the nearest one dollar?
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