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Question 5 1 pts Hahnny Company purchased a machine for $50,000 in cash on January 1 of Year 1. The machine has an estimated salvage

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Question 5 1 pts Hahnny Company purchased a machine for $50,000 in cash on January 1 of Year 1. The machine has an estimated salvage value of $10,000. It is expected that the machine will be used for 20,000 hours during its useful life. During the first four years of use, the machine usage was as follows: Year 1 (2,500 hours): Year 2 (3,000 hours): Year 3 (4,000 hours); Year 4 (5,000 hours). Hahnny Company uses the units-of-production method for computing depreciation expense. What is the BOOK VALUE of the machine as of the END of **Year 4**? $31.000 $21,000 $11,000 $18.750

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