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Question Help Taylor Company purchased a machine for $9,800 on January 1,2016. The machine has been depreciated using the straight-line method assuming it has a

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Question Help Taylor Company purchased a machine for $9,800 on January 1,2016. The machine has been depreciated using the straight-line method assuming it has a life with a $1,400 residual value. Taylor sold the achine on January 1, 2018, for $7,600 What is the book value of the machine on December 31, 2017 O A. $2,100 O B. $6,440 OC. $8.400 O D. $9,800

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